Assume that you are the Management Accountant of a leading consumer goods manufacturing company which offers a range of well reputed brands to the Sri Lankan Market. One of the company’s objectives is that introducing at least one new product to the market in a year. To fulfil the objective, the company is introducing a “Beauty Soap” to young women in the Sri Lankan market. As the management accountant, you are expected to identify and classify different types of cost of this new product under the bases of direct cost and indirect cost, manufacturing cost and non-manufacturing cost, fixed cost and variable cost