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Exercise 1-2 Cost classification LO C2 Listed here are product costs for the production of soccer balls. Product Cost Variable or Fixed Direct or Indirect

Exercise 1-2 Cost classification LO C2

Listed here are product costs for the production of soccer balls.

Product Cost Variable or Fixed Direct or Indirect
1. Lace to hold leather together
2. Wages of assembly workers
3. Coolants for machinery
4. Annual flat fee paid for factory security
5. Leather covers for soccer balls
6. Machinery depreciation (straight-line)
7. Taxes on factory

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