Putting an X in the appropriate spot, classify the costs as:  Direct Material, Direct Labor, Overhead, or Period Costs.      The Fixed and Variable cost classifications have been provided for you.                         Item/Cost Direct Material Direct Labor Overhead Period Costs       Fixed Variable                             Salary - Collar maker           x Salary - Leash maker           x Salary - Harness maker           x Salary - Receptionist             High-tensile strength nylon webbing            x Polyester/nylon ribbons            x Buckles made of cast hardware            x Depreciation on sewing machines         x   Rent         x   Utilities and insurance         x   Scissors, thread, and cording         x   Price tags           x Office supplies             Oter business equipment             Loan payment          x   Salary to self         x

Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter3: Cost Behavior
Section: Chapter Questions
Problem 9E: Classify the following costs of activity inputs as variable, fixed, or mixed. Identify the activity...
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Putting an X in the appropriate spot, classify the costs as:  Direct Material, Direct Labor, Overhead, or Period Costs.     
The Fixed and Variable cost classifications have been provided for you.          
             
Item/Cost Direct
Material
Direct
Labor

Overhead
Period Costs       Fixed Variable
             
             
Salary - Collar maker           x
Salary - Leash maker           x
Salary - Harness maker           x
Salary - Receptionist            
High-tensile strength nylon webbing            x
Polyester/nylon ribbons            x
Buckles made of cast hardware            x
Depreciation on sewing machines         x  
Rent         x  
Utilities and insurance         x  
Scissors, thread, and cording         x  
Price tags           x
Office supplies            
Oter business equipment            
Loan payment          x  
Salary to self         x  
             
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