Question: Identify the following as (a) fixed costs, (b) variable costs, or (c) mixed costs: 1. Direct materials 2. Electricity 3. Operating supplies 4. Personnel managers

Identify the following as (a) fixed costs, (b) variable costs, or (c) mixed costs:

1. Direct materials

2. Electricity

3. Operating supplies

4. Personnel manager’s salary

5. Factory building rent

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