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Classify Costs Cromwell Furniture Company manufactures sofas for distribution to several major retail chains. The following costs are incurred in the production and sale of

Classify Costs

Cromwell Furniture Company manufactures sofas for distribution to several major retail chains. The following costs are incurred in the production and sale of sofas:

Required:

Classify the costs as either fixed costs, variable costs, or mixed cost.

Fixed/Mixed/Variable

a. Fabric for sofa coverings

Fixed/Mixed/Variable

b. Wood for framing the sofas

FixedMixedVariable

c. Legal fees paid to attorneys in defense of the company in a patent infringement suit, $25,000 plus $160 per hour

FixedMixedVariable

d. Salary of production supervisor

FixedMixedVariable

e. Cartons used to ship sofas

FixedMixedVariable

f. Rent on experimental equipment, $50 for every sofa produced

FixedMixedVariable

g. Straight-line depreciation on factory equipment

FixedMixedVariable

h. Rental costs of warehouse, $30,000 per month

FixedMixedVariable

i. Property taxes on property, plant, and equipment

FixedMixedVariable

j. Insurance premiums on property, plant, and equipment, $25,000 per year plus $25 per $25,000 of insured value over $16,000,000

FixedMixedVariable

k. Springs for seat cushions

FixedMixedVariable

l. Consulting fee of $120,000 paid to efficiency specialists

FixedMixedVariable

m. Electricity costs of $0.13 per kilowatt-hour

FixedMixedVariable

n. Salesperson's salary, $80,000 plus 4% of the selling price of each sofa sold

FixedMixedVariable

o. Foam rubber for cushion fillings

FixedMixedVariable

p. Janitorial supplies, $2,500 per month

FixedMixedVariable

q. Employer's FICA taxes on controller's salary of $180,000

FixedMixedVariable

r. Salary of designers

FixedMixedVariable

s. Wages of sewing machine operators

FixedMixedVariable

t. Sewing supplies

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