Annies Homemade hosts numerous off-site sales events throughout the year. The company is interested in calculating the segment margin for one of those events, which was a local festival it served this past Friday evening, all day Saturday, and half a day on Sunday. The festival was located 20 miles from the companys brick-and-mortar shop.

Required:

For each cost shown below, specify whether it would be a variable cost, traceable fixed cost, or common fixed cost with respect to this festival. For each variable cost, decide whether it varies with the number of servings sold at the event, the number of days the event was held, or the number of hours the sales booth was open at the event. Then select the word servings, days, or hours in the variable cost column.

AH 6-1 Segmented Income Statement Cost Classitications LO 6-4 Annie's Homemade hosts numerous off-site sales events throughout the year. The company is interested in calculating the segment margin for one of those events, which was a local festival it served this past Friday evening, all day Saturday, and half a day on Sunday. The festival was located 20 miles from the company's brick-and-mortar shop. Required: 1. For each cost shown below, specify whether it would be a variable cost, traceable fixed cost, or common fixed cost with respect to this festival. For each variable cost, decide whether it varies with the number of servings sold at the event, the number of days the event was held, or the number of hours the sales booth was open at the event. Then select the worc "servings," "days," or "hours" in the variable cost column