Accounting: What the Numbers Mean 9th Edition by Wayne W McManus, Daniel F Viele, David H Marshall

Exercise 2

Cost classifications For each of the following costs, check the column(s) that most likely apply:

Cost	Variable	Fixed
Wages of assembly-line workers
Depreciation—plant equipment
Glue and thread
Shipping costs
Raw materials handling costs
Salary of public relations manager
Production run setup costs
Plant utilities
Electricity cost of retail stores
Research and development expense