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Just like any industry, healthcare has its own language.Healthcare managers must be able to classify various costsassociated with day-to-day operations. For this discussion, youwill incorporate the course textbook readings to discuss theassigned costs listed below.In your initial response, explain the cost assigned to you andgive an example of that type of cost as it relates to a healthcarefacility (i.e., physician practice, hospital, long-term carefacility, urgent care, specialty group practice, or surgerycenter). Include in your response why it is important for thehealthcare manager to know the differences between all the costslisted when determining financial status.CostsDirect CostsIndirect CostsProduct CostsPeriod CostsFixed CostsVariable CostsSemi-variable Costs