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b) Below are listed various cost that are found in organizations Classify each cost as being either variable of fixed with respect to the number
b) Below are listed various cost that are found in organizations Classify each cost as being either variable of fixed with respect to the number of units produced and sold. Also, classify each cost as either a selling and administrative cost or a product cost. Place an X in the appropriate columns to show the proper classification of each cost. Selling and Administrative Cost Product Cost Behavior Variable Cost Item Fixed Cost 1. Hamburger buns at a Wendy's outlet 2. Advertising by a dental office 3. Apples processed and canned by Del Monte 4. |Shipping canned apples from a Del Monte plant to customers 5. Insurance on a Bausch & Lomb factory producing contact lenses 6. Insurance on IBM's corporate headquarters 7. Salary of a supervisor overseeing production of rinters at Hewlett-Packard 8. Commissions paid to automobile salespersons 9. Depreciation of factory lunchroom facilities at a General Electric plant 10. Steering wheels installed in BMWs
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