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Problem 1-23 Cost Classification [LO1-1, LO1-3, LO1-4] Listed below are costs found in various organizations. Required: For e

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Answer #1
Manufacturing cost
selling cost Administrative cost Direct Indirect
property taxes factory fixed Yes
boxes used for packaging detergent produced by the company variable yes
sales persons commissions variable Yes
supervisor's salary factory fixed yes
depreciation executive auto fixed Yes
wages of workers assembling computers variable yes
insurance finished goods warehouse variable yes
lubricants for production equipment variable yes
advertising cost fixed yes
microchips used in producing calculators variable yes
shipping cost of mercandise sold variable yes
magazine subscription factory lunchroom variable
thread in a garment factory variable yes
executive life insurance fixed yes
ink used in textbook production variable yes
fringe benefits materials handling workers variable yes
yarn used in sweater production variable yes
wages of receptionist executive offices variable yes
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