Identify whether the COSTS below are: -Variable Cost -Fixed Cost -Mixed Cost -Step Cost 1. Factory direct
Question:
Identify whether the COSTS below are:
-Variable Cost
-Fixed Cost
-Mixed Cost
-Step Cost
1. Factory direct labor costs
2. Factory receptionist Utilities for the factory
3. Rent for the factory
4. Fabric to make the hoodies
5. End of summer staff party for all factory workers which is prebooked in advance each year and includes venue rental, food, and alcohol.
6. Factory supervisor costs (each supervisor can supervise either the day shift or the night shift if a second shift is required)
7. Factory security costs from an external vendor who charges a base fee per month plus a standard fee per visit
8. Lease costs for the packaging machines which can each package 5,000 hoodies per month
9. Depreciation for the cutting and sewing machines
Horngrens Financial and Managerial Accounting
ISBN: 978-0133255584
4th Edition
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura