Ask Question
17 July, 19:36

Identify the costs as variable, fixed, or mixed. 1. Wood used in the production of furniture. select a type of costs 2. Fuel used in delivery trucks. select a type of costs 3. Straight-line depreciation on factory building. select a type of costs 4. Screws used in the production of furniture. select a type of costs 5. Sales staff salaries. select a type of costs 6. Sales commissions. select a type of costs 7. Property taxes. select a type of costs 8. Insurance on buildings. select a type of costs 9. Hourly wages of furniture craftsmen. select a type of costs 10. Salaries of factory supervisors. select a type of costs 11. Utilities expense. select a type of costs 12. Telephone bill. select a type of costs

0
Answers (1)
  1. 17 July, 20:57
    0
    Refer explanation

    Explanation:

    Fixed cost is a cost that does not change with changes in output.

    Variable cost is a cost that changes with the level of activity or output.

    Mixed cost is a type of cost that is semi-variable and semi-fixed.

    1. Wood used in the production of furniture - Variable

    2. Fuel used in delivery trucks - Variable

    3. Straight-line depreciation on factory building - Fixed

    4. Screws used in the production of furniture - Variable

    5. Sales staff salaries - Fixed

    6. Sales commissions - Variable

    7. Property taxes - Fixed

    8. Insurance on buildings - Fixed

    9. Hourly wages of furniture craftsmen - Fixed

    10. Salaries of factory supervisors - Fixed

    11. Utilities expense - Mixed

    12. Telephone bill - Mixed
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Identify the costs as variable, fixed, or mixed. 1. Wood used in the production of furniture. select a type of costs 2. Fuel used in ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers