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Practice Assignment Gradebook ORION Downloadable eTextbook signment Exercise 18-

ID: 2517336 • Letter: P

Question

Practice Assignment Gradebook ORION Downloadable eTextbook signment Exercise 18-4 Family Furniture Corporation incurred the following costs Identify the costs as variable, fixed, or mixed. 1. 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. mar.Policx s 2000-201aehnwirason.inc. All Rights Reserved. A Division of John Wiley & Sons In to search

Explanation / Answer

SOLUTION

* Could be fixed or mixed depending on the type of plan.

Costs Wood used in production of furniture Variable Fuel used in delivery trucks Variable Straight-line depreciation on factory buildings Fixed Screws used in production of furniture Variable Sales staff salaries Fixed Sales commissions Variable Property taxes Fixed Insurance on buildings Fixed Hourly wages of furniture craftsman Variable Salaries of factory supervisors Fixed Utilities expense Variable Telephone bill* Mixed
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