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The following question relates to CVP (Breakeven analysis). State whether the following costs are fixed or variable. Use the letter F for fixed and

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The following question relates to CVP (Breakeven analysis). State whether the following costs are fixed or variable. Use the letter F for fixed and the letter V for variable to fill in the blanks below. Expense 1. Cost of Sales 2. Casual wages 3. Delivery Expenses 14. Cost of goods sold 5. Annual Insurance 6. Depreciation Straight line method 7. Monthly bank charges of $1 per transaction 8. Sales commission earned on volume of sales 9. Annual Subscription 10. Full-time employees' salaries Classification

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