Question: Classify the following costs as fixed, variable, or semivariable. Explain the reasons for your classification of the semivariable costs. (a) Depreciation straight-line method (f) Rent

Classify the following costs as fixed, variable, or semivariable. Explain the reasons for your classification of the semivariable costs.

(a) Depreciation —straight-line method

(f) Rent

(b) Direct materials (g) Repairs to machinery

(c) Factory insurance (h) Social security taxes

(d) Heat, light, and power (i) Superintendence

(e) Indirect labor (j) Washroom supplies

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