Identify and write each question according to the following categories;

Variable cost, fixed cost, period cost, direct cost, indirect cost, direct materials, direct labor, M.O.H or revenue center overhead, sunk cost, and opportunity cost.

1) X-ray film used in the radiology lab at your local hospital.

2) The commission for lab test technician was paid for each patient

3) Lab test technicians are supervised by a supervisor who is paid $50,000 per year

4) Electrical costs are $2 per ultrasound machine hour. 0.5 machine hours are required to do the full body check for a patient.

5) The straight-line amortization cost of the ultrasound machine used to do a body check for patients totals $10,000 per year.

6) The salary of the president of Grace Care hospital is $100,000 per year.

7) Grace Care hospital spends $250,000 per year to advertise its products

8) Instead of treating patients, Grace Care hospital could have rented one of its lab rooms out at a rental income of $30,000 per year.