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Classify each cost as being either variable or fixed with respect to the number of units produced and sold. Also classify each cost as either

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Classify each cost as being either variable or fixed with respect to the number of units produced and sold. Also classify each cost as either a period or a product cost. Cost Item Predicting Cost Behavior Preparing Financial Statements 3 4 1. Hamburger buns in a Wendy's restaurant 2 Advertising by a dental office Apples processed and canned by Del Monte 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 Salary of a supervisor overseeing production of printers at Hewlott 7 Packard Commissions paid to automobile salespersons 9. Depreciation of factory lunchroom facilities at a General Electric plant 10 Steering wheels installed in BMWs 8

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