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Harv's Sound Systems produces speakers for movie theaters. Listed below are selected cost items for the production of 600 units. Classify each cost as either

Harv's Sound Systems produces speakers for movie theaters. Listed below are selected cost items for the production of 600 units. Classify each cost as either fixed or variable, and either a product or a period cost. when doing this just list the item # and V (variable) F (Fixed) for cost behavior, and product or period for cost function. For example tire for an automobile manufacturer your answer is "(# of line item) Variable, Product"

Cost by behavior

Cost by function

Variable

Fixed

Product

Period

1. Plastic for speaker casings

2. Assembly labor.................................

3. Factory property taxes ..

4. Accounting staff salaries..

5. Sales office rent

6. Sales manager's salary..

7. Depreciation on factory

equipment.

8. Sales commissions

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