clasify each costs as either fixed, variable or mixed: a. shipping boxes used to ship orders b. consulting fee of $200,000 paid to industry specialists for marketing advice c.straight-line depreciation on sewing machines d. salesperson's salary, $10,000 plus 2% of the total sales e. fabric f. dye g. thread h. salary of designers i. brass buttons j. legal fees apid to attorneys in defense of the company in a patent infringement suit, $50,000 plus $87 per hour k. insurance premiums on property, plant, and equipment, $70,000 per year plus $5 per $30,000 of insured value over $8,000,000 l. rental costs of warehouse, $5,000 per month plus $4 per square foot of storage used  m. supplies n. leather for patches identifying the brand on individual pieces of apparel o. rent on plant equipment, $50,000 per year p. salary of production vice president q. janitorial services, $2,200 per month r. wages of machine operators s. electricity costs of $.10 per kilowatt-hour t. property taxes on property, plant and equipment

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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clasify each costs as either fixed, variable or mixed:

a. shipping boxes used to ship orders

b. consulting fee of $200,000 paid to industry specialists for marketing advice

c.straight-line depreciation on sewing machines

d. salesperson's salary, $10,000 plus 2% of the total sales

e. fabric

f. dye

g. thread

h. salary of designers

i. brass buttons

j. legal fees apid to attorneys in defense of the company in a patent infringement suit, $50,000 plus $87 per hour

k. insurance premiums on property, plant, and equipment, $70,000 per year plus $5 per $30,000 of insured value over $8,000,000

l. rental costs of warehouse, $5,000 per month plus $4 per square foot of storage used 

m. supplies

n. leather for patches identifying the brand on individual pieces of apparel

o. rent on plant equipment, $50,000 per year

p. salary of production vice president

q. janitorial services, $2,200 per month

r. wages of machine operators

s. electricity costs of $.10 per kilowatt-hour

t. property taxes on property, plant and equipment

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