Hel ssifying costs LO C1 Following are costs for eight different items. Costs are shown for three different levels of units produced and sold. Classify each of the eight cost items as either variable, fixed, or mixed. Direct labor Costs for Different Levels of Units Produced and Sold At 0 units Direct materials Rent on factory building Salesperson compensation Factory supervisor salary Factory utilities Insurance on factory building Direct labor Depreciation on factory equipment Direct materials Rent on factory building Salesperson compensation Factory supervisor salary Factory utilities Insurance on factory building Depreciation on factory equipment $ 0 At 2,000 units At 4,000 units $ 12,400 $ 24,800 5,400 5,400 5,400 0 8,400 16,800 3,400 3,400 3,400 5,400 5,400 6,400 6,400 6,400 6,400 340 740 940 1,400 1,400 1,400
Hel ssifying costs LO C1 Following are costs for eight different items. Costs are shown for three different levels of units produced and sold. Classify each of the eight cost items as either variable, fixed, or mixed. Direct labor Costs for Different Levels of Units Produced and Sold At 0 units Direct materials Rent on factory building Salesperson compensation Factory supervisor salary Factory utilities Insurance on factory building Direct labor Depreciation on factory equipment Direct materials Rent on factory building Salesperson compensation Factory supervisor salary Factory utilities Insurance on factory building Depreciation on factory equipment $ 0 At 2,000 units At 4,000 units $ 12,400 $ 24,800 5,400 5,400 5,400 0 8,400 16,800 3,400 3,400 3,400 5,400 5,400 6,400 6,400 6,400 6,400 340 740 940 1,400 1,400 1,400
Principles of Cost Accounting
17th Edition
ISBN:9781305087408
Author:Edward J. Vanderbeck, Maria R. Mitchell
Publisher:Edward J. Vanderbeck, Maria R. Mitchell
Chapter4: Accounting For Factory Overhead
Section: Chapter Questions
Problem 1P: The cost behavior patterns below are lettered A through H. The vertical axes of the graphs represent...
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