Below are listed various costs that are found in organizations.
1. The costs of turn signal switches used at a General Motors plant. These are one of the parts installed in the steering columns assembled at the plant.
2. Interest expense on CBS€™s long-term debt.
3. Salespersons€™ commissions at Avon Products, a company that sells cosmetics door to door.
4. Insurance on one of Cincinnati Milacron€™s factory buildings.
5. The costs of shipping brass fittings from Graham Manufacturing€™s plant in New Hampshire to customers in California.
6. Depreciation on the bookshelves at Reston Bookstore.
7. The costs of X-ray fi lm at the Mayo Clinic€™s radiology lab.
8. The cost of leasing an 800 telephone number at L. L. Bean. The monthly charge for the 800 number is independent of the number of calls taken.
9. The depreciation on the playground equipment at a McDonald€™s outlet.
10. The cost of mozzarella cheese used at a Pizza Hut outlet.

Required:
Classify each cost as either variable or fixed with respect to the volume of goods or services produced and sold by the organization. Also classify each cost as a selling and administrative cost or a product cost. Prepare your answer sheet as shown below. Place an X in the appropriate columns to show the proper classifications of eachcost.

Cost Befhavior Selling and Product Cost Cost Item Variable Fixed Administrative Cost