Managerial Accounting

Listed here are product costs for the production of soccer balls. Identify each cost (a) as either fixed or variable and (b) as either direct or indirect by selecting the appropriate dropdowns. Product Cost Variable or Fixed Direct or Indirect 1. Benefits for assembly workers 2. Annual flat fee paid for factory security 3. Machinery depreciation (straight-line) 4 Rubber core for soccer balls 5. Insurance on factory 6. Factory rent 7. Needles used in stitching soccer balls