Question
Trollinger is an automotive parts retail store. It sells motor oil, oil filters, automotive batteries, and other automotive equipment. Assume that activity is defined as
Trollinger is an automotive parts retail store. It sells motor oil, oil filters, automotive batteries, and other automotive equipment. Assume that activity is defined as the number of products sold. Identify each of the following costs as variable, fixed, or mixed. Use V for variable, F for fixed, and M for mixed. A. Cost of automotive batteries B. Wages paid to employees who deliver parts to customers C. Cost of shelving for the showroom D. Utilities: water, electricity, and heat E. Freight paid to receive parts from the warehouse
F. Insurance paid on shipments from the factory to Trollinger G. Insurance paid on retail store H. Computer costs for inventory maintenance
Trollinger is an automotive parts retail store. It sells motor oil, oil filters, automotive batteries, and other automotive equipment. Assume that activity is defined as the number of products sold. Identify each of the following costs as variable, fixed, or mixed. Use V for variable, F for fixed, and M for mixed. A. Cost of automotive batteries B. Wages paid to employees who deliver parts to customers C. Cost of shelving for the showroom D. Utilities: water, electricity, and heat E. Freight paid to receive parts from the warehouse F. Insurance paid on shipments from the factory to Trollinger G. Insurance paid on retail store H. Computer costs for inventory maintenance
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