Below are costs and measures of activity in a variety of organizations. Required: Classify each cost as
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Required:
Classify each cost as variable or fixed with respect to the indicated measure of activity by placing an X in the appropriate column.
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Cost Behavior Cost Measure of Activity Variable Fixed 1. The cost of X-ray film used Number of X-rays 2. The cost of advertising a Number of rock concert tickets 3. The cost of renting retail Total sales at the space for a McDonald's 4 Number of times the roller coaster 5. Property taxes paid by your Number of tickets 6 Total sales at the 7. Property insurance on a Number of cases of Coca-Cola bottling plant 8. The costs of synthetic Number of shoes of 9. The costs of shipping The number of Panasonic televisions to televisions sold 0 The number of diagnostic machine at the American Hospital patients who are scanned with the machine
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A few of these costs may generate debate For example some may argue that the cost of advertising a r...View the full answer
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Related Book For
Managerial Accounting for Managers
ISBN: 978-0073527130
2nd edition
Authors: Eric Noreen, Peter Brewer, Ray Garrison
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