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Q-1: Below are costs and measures of activity in a variety of organizations. Required: Classify each cost as variable or fixed with respect to the
Q-1: Below are costs and measures of activity in a variety of organizations. Required: Classify each cost as variable or fixed with respect to the indicated measure of activity by placing an X on the respective columns. Cost Measure of Activity Variable Fixed 1. Top management salaries at FedEx Total sales 2. Electrical costs of running Number of vehicles produced production equipment at a Toyota factory 3. The cost of insuring a dentist's office Patient-visits against fire 4. The cost of commissions paid to Total sales salespersons at a Honda dealer 5. The cost of heating the intensive care Patient-days unit at Swedish Hospital 6. The cost of batteries installed in Number of trucks produced trucks produced at a GM factory
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