Question: Classify each of the following costs as fixed or variable: a . Cost of French fries used at a McDonald's restaurant Variable b . Hourly

Classify each of the following costs as fixed or variable:
a. Cost of French fries used at a McDonald's restaurant
Variable
b. Hourly wages paid to cashiers at The Home Depot
Variable
c. Monthly sugar costs for The Hershey Company
Variable
Cost of fuel used by Old Dominion Freight Line, a national trucking
d. company.
e. Shipping costs at
Amazon.com
Variable
Variable
f. Monthly rent for Onyx Nail Bar, a nail salon in Dallas, Texas
g. Sales commissions at Tampa Honda in Florida
Fixed
Monthly insurance costs for the building housing the administrative offices
Variable
h. of Panera Bread in St. Louis, Missouri
Fixed
Monthly depreciation of equipment used in the customer service
i. department at Klaben Ford Lincolif, a car dealership in Kent, Ohio
Fixed
j. Cost of rubber used to manufacture L.L. Bean boots
Variable
k. Cost of oranges sold at a Kroger's grocery store
I. Monthly office lease costs for the Portland office of E&Y, a global audit firm
m. Monthly cost of coffee at a Dunkin' Donuts store
n. Property taxes for an Applebees' Neighborhood Grill & Bar
o. Depreciation of exercise equipment at an LA Fitness club
 Classify each of the following costs as fixed or variable: a.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!