Question: Exercise 1 8 - 4 Classifying costs C 1 Classify each of the following costs as either variable, fixed, or mixed. Costs are from a

Exercise 18-4
Classifying costs
C1
Classify each of the following costs as either variable, fixed, or mixed. Costs are from a manufacturer of portable basketball hoops.
1.Factory supervisor salary, $4,000 per month
2.Utilities, $50 per month plus $0.05 per unit produced
3.Assembly worker hourly wages
4.Factory equipment depreciation, $2,000 per month
5.Salesperson pay, $2,000 per month plus 5% of dollar sales
6.Factory insurance, $1,500 per month
7.Screws to assemble hoops
8.Factory rent, $3,000 per month
9.Metal for rims
10.Glass for backboards
11.Office salaries, $3,000 per month
12.Plastic for hoop bases

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