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Classify each cost as being either variable or fixed with respect to the number of units sold. Also classify each cost as either a
Classify each cost as being either variable or fixed with respect to the number of units sold. Also classify each cost as either a selling and administrative cost or a product cost. Question 1 Property tax relating to the factory Fixed & Product Costs Variable & Product Costs Fixed & Selling and Administration Costs Variable & Selling and Administration Costs Question 2 Boxes used to package goods before despatch Fixed & Selling and Administrative Costs Variable & Selling and Administration Costs Variable & Product Costs Fixed & Product Costs 1 pts 1 pts Question 3 Salespersons commissions Variable & Product Costs Fixed & Selling and Administrative Costs Fixed & Product Costs Variable & Selling and Administration Costs Question 4 Salary of a factory supervisor Variable & Product Costs Fixed & Product Costs Fixed & Selling and Administrative Costs Variable & Selling and Administration Costs 1 pts 1 pts > Question 5 Wages for workers on assembly line Variable & Product Cost Fixed & Product Costs Fixed & Selling and Administrative Costs Variable & Selling and Administration Costs > Question 6 Insurance on finished goods warehouses Fixed & Selling and Administrative Costs Fixed & Product Costs Variable & Selling and Administration Costs Variable & Product Costs 1 pts 1 pts Question 7 Advertising costs Variable & Selling and Administration Costs Fixed & Selling and Administrative Costs Fixed & Product Costs O Variable & Product Costs Question 8 Microchips used in producing calculators Fixed & Product Costs Variable & Product Costs Variable & Selling and Administration Costs Fixed & Selling and Administrative Costs 1 pts 1 pts Question 9 Shipping costs for goods sold Variable & Product Costs Fixed & Product Costs Fixed & Selling and Administrative Costs Variable & Selling and Administration Costs Question 10 Magazine subscriptions for the factory lunchroom Fixed & Product Costs Variable & Selling and Administration Costs Fixed & Selling and Administrative Costs Variable & Product Costs 1 pts 1 pts
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