Identify each cost listed nd classify the cost as fixed, variable or mixed and c

Question

Identify each cost listed nd classify the cost as fixed, variable or mixed and classify if its direct material, diret labor, selling and administrative cost or MO.

fixed variable Mixed direct material direct labor selling and admin cost manufacturing overhead Advertising $784 per month Computer Depreciation $700 per year Rent for equipment per month $8,00 Material cost per finish unit of product $99 Labor cost $24 Job quit $3000 per month Rent for production facility per month $760 Personal Computer $1400

Explanation / Answer

Fixed Variable Mixed Material Labour Selling and Admin Manufacturinng OH Advertising $ 784 per month Y Y Computer dep Y Y rent of equipment Y Y Material c ost Y Y Labour cost Y Y Job quit $ 3000 Y Y Rent of Production facility Y Y Rent Personal computer Y Y

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