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Identify the following as fixed costs, variable costs, or mixed costs: 1. cost of good sold 2. telephone (base fee of $100 per month, plus
Identify the following as fixed costs, variable costs, or mixed costs:
1. cost of good sold
2. telephone (base fee of $100 per month, plus $0.05 per minute)
3. advertising expense
4. direct labor
5. electricity
6. direct materials
7. insurance on the factory building
8. factory building rent
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