Below are costs and measures of activity in a variety of organizations.

Required:
Classify each cost as variable or fixed with respect to the indicated measure of activity by placing an X in the appropriatecolumn.

Transcribed Image Text:

Cost Behavior Cost Measure of Activity Variable Fixed 1. The cost of small glass plates used for Number of lab tests performed lab tests in a medical lab 2. A boutique jewelry store's cost of leasing Dollar sales 3. 4. retail space in a mall Top management salaries at FedEx Electrical costs of running productionNumber of vehicles produced Total sales equipment at a Toyota factory The cost of insuring a dentist's office 5. against fire The cost of commissions paid to 6. Total sales Patient-days Number of trucks produced Number of students taught by salespersons at a Honda dealer The cost of heating the intensive care 7. unit at Swedish Hospital 8. 9. 10. The cost of batteries installed in trucks The salary of a university professor The costs of cleaning supplies used at a produced at a GM factory the professor Number of customers served fast-food restaurant to clean the kitchen and dining areas at the end of the day