Complete the following table, identifying the following as fixed, variable or mixed cost. Activity level 5,000...
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Complete the following table, identifying the following as fixed, variable or mixed cost. Activity level 5,000 Units 6,000 units 7,000 units Cost Behavior $15,000 $16,000 $17,000 $5,000 $6,000 $7,000 $15,000 $15,000 $15,000 Variable $10,000 $12,000 $14,000 $1,200 $1,300 $1,400 Cost A Cost B Cost C Cost D Cost E → → Identify each of the following costs in terms of its cost behavior - variable, fixed, mixed, or step. a. The cost of ice cream at Baskin-Robbins. b. Electricity costs at Starbucks (base rate plus usage). C. Sales manager who is paid a base salary plus a commission on sales over a specified amount. d. Depreciation on factory equipment. e. The cost of fabric in making children's pajamas at Carter's. f. The cost of paint in manufacturing garden art. g. Wages of day care workers, assuming a ratio of one worker for every 15 children. Store managers salaries at Wal-Mart. Telephone plan with a base rate plus a specified amount per minute. |j. Shipping charges based on 100 pound increments. h. i. Variable + + + + + + + + + Complete the following table, identifying the following as fixed, variable or mixed cost. Activity level 5,000 Units 6,000 units 7,000 units Cost Behavior $15,000 $16,000 $17,000 $5,000 $6,000 $7,000 $15,000 $15,000 $15,000 Variable $10,000 $12,000 $14,000 $1,200 $1,300 $1,400 Cost A Cost B Cost C Cost D Cost E → → Identify each of the following costs in terms of its cost behavior - variable, fixed, mixed, or step. a. The cost of ice cream at Baskin-Robbins. b. Electricity costs at Starbucks (base rate plus usage). C. Sales manager who is paid a base salary plus a commission on sales over a specified amount. d. Depreciation on factory equipment. e. The cost of fabric in making children's pajamas at Carter's. f. The cost of paint in manufacturing garden art. g. Wages of day care workers, assuming a ratio of one worker for every 15 children. Store managers salaries at Wal-Mart. Telephone plan with a base rate plus a specified amount per minute. |j. Shipping charges based on 100 pound increments. h. i. Variable + + + + + + + + +
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Cost Behavior Classification Activity level Activity level 5000 Units 6000 Units 7000 Units Cost Beh... View the full answer
Related Book For
Microeconomics A Contemporary Introduction
ISBN: 978-1111415921
9th edition
Authors: William A. McEachern
Posted Date:
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