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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 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 Cost of Sales Casual wages Delivery Expenses 4. 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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