Cost classifications For each of the following costs, check the column(s) that most likely apply: Cost Variable Fixed Raw materials Staples used to secure packed boxes of product Plant janitors’ wages Order processing clerks’ wages Advertising expenses Production workers’ wages Production supervisors’ salaries Sales force commissions Maintenance supplies used President’s salary Electricity cost Real estate taxes for: Factory Office building

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

Edition 9ISBN: 0073527068

Edition 9ISBN: 0073527068

Exercise 8

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

Cost	Variable	Fixed
Raw materials
Staples used to secure packed boxes of product
Plant janitors’ wages
Order processing clerks’ wages
Advertising expenses
Production workers’ wages
Production supervisors’ salaries
Sales force commissions
Maintenance supplies used
President’s salary
Electricity cost
Real estate taxes for:
Factory
Office building

Explanation

Verified

Classify the following costs as fixed an ...