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(c) Several costs and measures of activity are listed below. Required: For each item below, indicate whether the cost is MAINLY fixed or variable with
(c) Several costs and measures of activity are listed below.
Required:
For each item below, indicate whether the cost is MAINLY fixed or variable with respect to the possible measure of activity listed next to it. In your answer you only indicate the no. and whether it is fixed or variable. Eg. 1. Fixed cost. (10 marks)
\begin{tabular}{|r|l|l|} \hline & Cost Description & Possible Measure of Activity \\ \hline 1. & Cost of heating a hardware store & Dollar sales \\ \hline 2. & Windshieldwiperbladesinstalledonautosatanautoassemblyplant & Number of autos assembled \\ \hline 3. & Cost of tomato sauce used at a pizza shop & Pizzas cooked \\ \hline 4. & Costofshippingbagsoffertilizertoacustomeratachemicalplant & Bags shipped \\ \hline 5. & Costofelectricityforproductionequipmentatasnowboardmanufacturer & Snowboards produced \\ \hline 6. & Costofrentingproductionequipmentonamonthlybasisatasnowboardmanufacturer & Snowboards produced \\ \hline 7. & Cost of vaccine used at a clinic & Vaccines administered \\ \hline 8. & Cost of sales at a hardware store & Dollar sales \\ \hline 9. & Receptionist's wages at dentist's office & Number of patients \\ \hline 10. & Salaryofproductionmanageratasnowboardmanufacturer & Snowboards produced \\ \hline \end{tabular}
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