Question
Classify each of the following costs as Product (direct/indirect) or Period and Variable, Fixed or Mixed. 1. Wages of assembly line workers: direct/indirect/period variable/fixed/mixed 2.
Classify each of the following costs as Product (direct/indirect) or Period and Variable, Fixed or Mixed.
1. Wages of assembly line workers: direct/indirect/period
variable/fixed/mixed
2. Depreciation of plant equipment
direct/indirect/period
variable/fixed/mixed
3. Glue and nails for production
direct/indirect/period
variable/fixed/mixed
4. Outbound delivery expenses
direct/indirect/period
variable/fixed/mixed
5. Raw materials handling cost
direct/indirect/period
variable/fixed/mixed
6. Production run setup costs
direct/indirect/period
variable/fixed/mixed
7. Administrative office utilities
direct/indirect/period
variable/fixed/mixed
8. Electricity cost of retail stores
direct/indirect/period
variable/fixed/mixed
9. Research and development expense
direct/indirect/period
variable/fixed/mixed
10. Salary of marketing manager
direct/indirect/period
variable/fixed/mixed
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started