The purpose of this assignment is to assess your ability to:

Explain the role of cost accounting as it relates to financial and managerial accounting.
Describe how cost management plays a strategic role in the organizations value chain, and contrast direct and indirect costs.
Explain the general operation of a product costing system.
Explain and illustrate the difference between absorption and direct (or variable) costing.
Action Items

Complete the following items listed in the Week 8 Reading and Preparation object:
Read Chapter 13 in Marshall et al., (2014).
Read the “Calculating Your Costs Per Visit” article.
Please include a reference or source at the bottom of your comment for your discussion question
Compare and contrast unit cost analysis for a health care service office with that of a manufacturing company.