Exercise 14-2 Cost classification LO C2 Listed here are product costs for the production of soccer balles. Identify each cost (a) as either fixed or variable and (b) as either direct or indirect by selecting the rect or Indirect Product Cost Fixed or Variable Leather covers for soccer balls 1. 2. Annual flat fee paid for office security 3. Coolants for machinery 4. Wages of assembly workers 5, Lace to hold leather together 6. Taxes on factory 7. |Machinery depreciation (straight-line)