FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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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
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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