Categorise the below manufacturing overhead cost items as variable or fixed costs Assume the cost object is a copy of training material Provide justification for your categorisation Depreciation on machinery calculated using straight line method Indirect material costs determined by direct material usage Utility costs determined by machine hours Rent on factory building determined by a 5 year tenancy agreement

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Question: Categorise the below manufacturing overhead cost items as variable or fixed costs. Assume the cost object is a copy of training material. Provide justification for

Categorise the below manufacturing overhead cost items as variable or fixed costs. Assume the cost object is a copy of training material. Provide justification for your categorisation.

Depreciation on machinery calculated using straight-line method
Indirect material costs determined by direct material usage
Utility costs determined by machine hours
Rent on factory building determined by a 5-year tenancy agreement

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