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Classify each of the following as a variable or fixed cost with respect to a unit of production: Question content area bottom Part 1 Classifications

Classify each of the following as a variable or fixed cost with respect to a unit of production:

Question content area bottom

Part 1

Classifications Costs

a. Salaries of production supervisors.
b. Steel used in automobile production.
c. Wood used in furniture production.
d. Salaries for factory custodial staff.

Part 2

e. Depreciation of factory equipment.
f. Lubricants for machines.

g. Electricity used to operate a specific machine.
h. Wages of production workers (production workers do not vary in the short run).

Part 3

i. Rent for a factory building.
j. Glue used in furniture production.
k. Maintenance for production equipment, performed every month.
l. Paper used in newspaper production.

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