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Kindly explain your answers to all requirements in light of the theory/concept. for number 10 B17 X Microchips used in producing calculators. B C D
Kindly explain your answers to all requirements in light of the theory/concept. for number 10
B17 X Microchips used in producing calculators. B C D E F G H K M N Problem 1-23: Cost Classification Manufacturing (Product) Cost Cost Variable or Fixed Selling Cost Administrative Cost Direct Indirect 5 Example Direct labor Variable Yes 6 Executive salaries Fixed Yes Factory rent Fixed Yes 8 1 Property taxes, factory Fixed Yes 2 Boxes used for packaging detergent produced by the company. Variable Yes 3 Salespersons' commissions Variable Yes 4 Supervisor's salary, factory. Fixed Yes 5 Depreciation, executive autos Fixed Yes 13 6 Wages of workers assembling computers. Variable Yes 14 7 Insurance, finished goods warehouses Fixed Yes 15 8 Lubricants for production equipment. Variable Yes 16 9 Advertising costs. Fixed Yes 17 10 Microchips used in producing calculators. Variable Yes 18 11 Shipping costs on merchandise sold Variable Yes Yes 19 12 Magazine subscriptions, factory lunchroom. Fixed 20 13 Thread in a garment factory Variable Yes 14 Executive life insurance Fixed Yes 22 15 Ink used in textbook production Variable Yes Variable Yes 23 16 Fringe benefits, materials handling workers. 17 Yarn used in sweater production. Variable Yes 25 18 Wages of receptionist, executive offices Fixed Yes 26 28 20Step by Step Solution
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