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The costs listed below are incurred by a furniture manufacturer. Identify each cost as a variable cost, fixed cost, or mixed cost. 1. Wood used
The costs listed below are incurred by a furniture manufacturer. Identify each cost as a variable cost, fixed cost, or mixed cost.
- 1. Wood used in the production of furniture.
- 2. Straight-Line depreciation on the factory building.
- 3. Sales staff salaries, including sales commissions.
- 4. Property taxes on factory building and equipment.
- 5. Hourly wages of furniture craftsmen.
- 6. Fuel used in delivery trucks.
- 7. Salaries of factory supervisors.
- 8. Cell phone bill, flat rate plus $,10 for every minute over 100.
- 9. Property insurance on office building.
- 10. Salary of the president of the company.
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