Question

Family Furniture Corporation incurred the following costs.

Identify the costs as variable, fixed, or mixed.

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

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1. Wood- Variable Cost 2. Fuel- Variable Cost 3.Depreciation on factory building- Fixed Cost 4. Screws used in production of

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