Homework Answers
| a. | |||||||||||
| Cost of french fries used is variable cost. This is because french fries are material used to produced other food item in the restaurant | |||||||||||
| The costs varies with amount of french fries used. | |||||||||||
| b. | |||||||||||
| Hourly wages paid is variable costs. This is because the wages paid would vary with number of hours spent. | |||||||||||
| c. | |||||||||||
| Monthly sugar costs is variable costs. This is because sugar is the raw material used for production of other food item and thus cost would vary based on units produced | |||||||||||
| d. | |||||||||||
| Cost of fuel used is variable costs. This is because the fuel used would vary with number of Km the truck is used | |||||||||||
| e. | |||||||||||
| Shipping cost is variable costs. This is because based on product and location shipped the cost would be different | |||||||||||
Add Answer to:
Classify each of the following costs as fixed or variable: a. Cost of French fries used...
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Classify each cost as variable, fixed, or mixed. 1. Insurance on the buildings FixedVariableMixed 2. Property...
Classify each cost as variable, fixed, or mixed.
1.
Insurance on the buildings
FixedVariableMixed
2.
Property tax bill
VariableMixedFixed
3.
Sales commission
FixedMixedVariable
4.
Nails used to produce furniture
FixedVariableMixed
5.
Fuel needed to operate the machinery
MixedVariableFixed
6.
Hourly wages of the assembly-line workers
MixedVariableFixed
7.
Rental of U-Haul charged based on daily rate plus km
driven
VariableMixedFixed
8.
Depreciation on the building
FixedMixedVariable
9.
Rent paid for office space
MixedFixedVariable
10.
Maintenance costs of delivery vans
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Classify each cost as (a) either variable or fixed, and
(b) either direct or indirect by selecting the appropriate
dropdowns. Consider the cost object to be a flight. Flight
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time.
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сиптепсиссер тоБез Classify each cost as variable, fixed, or mixed. Insurance on the buildings .. Property tax bill 1. Sales commission . Nails used to produce furniture 6. Fuel needed to operate the machinery 6. Hourly wages of the assembly-line workers 1. Rental of U-Haul charged based on daily rate plus 1. Depreciation on the building Rent paid for office space 5. Maintenance costs of delivery vans e Textbook and Media
Classify each cost as variable, fixed, or mixed.
1.
Insurance on the buildings
FixedVariableMixed
2.
Property tax bill
VariableMixedFixed
3.
Sales commission
FixedMixedVariable
4.
Nails used to produce furniture
FixedVariableMixed
5.
Fuel needed to operate the machinery
MixedVariableFixed
6.
Hourly wages of the assembly-line workers
MixedVariableFixed
7.
Rental of U-Haul charged based on daily rate plus km
driven
VariableMixedFixed
8.
Depreciation on the building
FixedMixedVariable
9.
Rent paid for office space
MixedFixedVariable
10.
Maintenance costs of delivery vans
Listed below are costs of providing an airline service. Classify each cost as (a) either variable or fixed, and (b) either direct or indirect by selecting the appropriate dropdowns. Consider the cost object to be a flight. Flight attendants and pilots are paid based on hours of flight time. Variable or Fixed Direct or Indirect Cost 1. Regional vice president salary 2. Fuel used in planes 3. Depreciation (straight-line) on ground equipment 4. Flight attendant wages 5. Aircraft maintenance manager...
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Classify each cost as (a) either variable or fixed, and
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attendants and pilots are paid based on hours of flight
time.
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