Question: Classification of variable and fixed costs Classify each of the following as a variable or fixed cost with respect to a unit of product that
Classification of variable and fixed costs Classify each of the following as a variable or fixed cost with respect to a unit of product that is sold:
a. Commissions paid to sales personnel.
b. Advertising expenses.
c. Salaries of staff processing orders.
d. Salary of the chief executive officer.
e. Depreciation of a shipping truck.
f. Protective packaging for each unit of product.
g. Insurance for corporate headquarters.
h. Gasoline used to deliver products.
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