Classify each of the following cost items as mostly fixed or variable: Raw materials..........................................Administrative salaries Direct labor..............................................Payroll
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Classify each of the following cost items as mostly fixed or variable:
Raw materials..........................................Administrative salaries
Direct labor..............................................Payroll taxes
Depreciation............................................Insurance (building and Supplies equipment)
Utilities.....................................................Clerical salaries
Property taxes.........................................Sales commissions
Interest on borrowed money................Rent
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Related Book For
Engineering Economy
ISBN: 978-0133439274
16th edition
Authors: William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
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