29 . Cost Behavior. Assume you are a consultant performing work for two different companies. Each company has asked you to help them identify the behavior of certain costs.

Required:

Identify each of the following costs for Hwang Company, a producer of ski boats, as variable (V), fixed (F), or mixed (M):

1. _____Salary of production manager
2. _____Materials required for production
3. _____Monthly rent on factory building
4. _____Hourly wages for assembly workers
5. _____Straight-line depreciation for factory equipment
6. _____Annual insurance on factory building
7. _____Invoices sent to customers
8. _____Salaries and commissions of salespeople
9. _____Salary of chief executive officer
10. _____Company cell phones with first 50 hours free, then 10 cents per minute

Identify each of the following costs for Rainier Camping Products, a maker of backpacks, as variable (V), fixed (F), or mixed (M):

1. _____Hourly wages for assembly workers
2. _____Fabric required for production
3. _____Straight-line depreciation on factory building
4. _____Salaries and commissions of salespeople
5. _____Lease payments for factory equipment
6. _____Company cell phones with first 80 hours free, then 8 cents per minute
7. _____Invoices sent to customers
8. _____Salary of production manager
9. _____Salary of controller (accounting)
10. _____Electricity for factory building
11. How might the managers of these companies use the cost behavior information requested?