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Cost of Production are classified into Three items; Fixed, Variable and Overheads. These is an assumption without clear definitive line.

<p>The cost of production is very complex equation that drive business future projection and profitability but most business leaders make many assumptions when it comes to identify cost of production elements with varying tendency when separating cost items as fixed, variable and overhead cost. What do you think these varying perception about cost of production to the business future going concern and its competitive edge in the market??</p>

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Question added by Mohamed Billow , Financial & Tax Consultant , Mabrook Computers Limited, Hu One Constructions Limited, Aqsa Investment Limited and Hanat Ltd
Date Posted: 2014/11/14

variable product fist we provide to our customer

Mohamed Billow
by Mohamed Billow , Financial & Tax Consultant , Mabrook Computers Limited, Hu One Constructions Limited, Aqsa Investment Limited and Hanat Ltd

You are right. It was error and the question relates with Cost Accounting. not Insurance.

ايمن محمد عاطف محمد
by ايمن محمد عاطف محمد , Director of the control and regulation unit , ACOLID

The cost of production is not related to the specialization of Insurance

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