Question: Classify each of the following as a variable or fixed cost with respect to a unit of production: ( a ) Answer 1 VariableFixed Salaries
Classify each of the following as a variable or fixed cost with respect to a unit of production:
a
Answer
VariableFixed
Salaries of production supervisors
b
Answer
VariableFixed
Steel used in automobile production
c
Answer
VariableFixed
Salaries for factory custodial staff
d
Answer
VariableFixed
Depreciation of factory equipment
e
Answer
VariableFixed
Lubricants for machines
f
Answer
VariableFixed
Electricity used to operate a specific machine
g
Answer
VariableFixed
Hourly wages paid to production workers, assuming hours worked can vary
h
Answer
VariableFixed
Rent for a factory building
i
Answer
VariableFixed
Glue used in furniture production
j
Answer
VariableFixed
Maintenance for production equipment performed every month
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