Week 8 Discussion 1

Week 8 Discussion 1

“Trend Analysis” Please respond to the following:

The local government is running a flu vaccination program. Are the following costs fixed, variable, or step costs?
A. Cost of occupancy
B. costs of management
C. costs of part-time employee salaries added on service volume
D. costs of vaccine consumed

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Introduction

Trend analysis is a method of analysis that allows businesses or traders to predict the future of their business products based on historical data on the given products/stock over a period (Smith,1982).

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