Step 3: Fixed cost or variable costs:

Wood and fabric used in furniture-- fixed

depreciation on machinery-fixed

property taxes on the factory- fixed

labor costs to manufacture the furniture-fixed

electricity cost to operate the machinery-fixed

faxtory rent-fixed

production supervisor's salary-fixed

sandpaper and other supplies-fixed

fire insurance on factory-fixed

commmissions paid to salespersons-varible

Was I correct on all of these above?