Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

below is a list of various costs of producing sweatshirts. Classify as variable, fixed or mised cost a. Electricity costs of $0.025 per kilowatt-hour. b.

below is a list of various costs of producing sweatshirts. Classify as variable, fixed or mised cost

a. Electricity costs of $0.025 per kilowatt-hour.
b. Warehouse rent of $6,000 per month plus $0.50 per square foot of storage used.
c. Thread.
d. Lubricants used to oil machinery.
e. Janitorial costs of $2,000 per month.
f. Advertising costs of $10,000 per month.
g. Sales salaries.
h. Color dyes for producing different colors of sweatshirts.
i. Salary of the production supervisor.
j. Straight-line depreciation on sewing machines.
k. Patterns for different designs. Patterns typically last many years before being replaced.
l. Maintenance costs with sewing machine company. The cost is $2,000 per year plus $0.001 for each machine hour of use.
m. Property taxes on factory, building, and equipment.
n. Cotton and polyester cloth.
o. Hourly wages of sewing machine operators.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

More Books

Students also viewed these Accounting questions

Question

What constitutes evidence?

Answered: 1 week ago

Question

4. Support and enliven your speech with effective research

Answered: 1 week ago

Question

3. Choose an appropriate topic and develop it

Answered: 1 week ago