Listed below are product costs for production of footballs. Classify each cost as either variable (V) or
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Listed below are product costs for production of footballs. Classify each cost as either variable (V) or fixed (F).
- Leather covers for footballs.
- Machinery depreciation (straight-line).
- Wages of assembly workers.
- Lace to hold footballs together.
- Insurance premium on building.
- Factory supervisor salary.
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