Identify each of the costs below as being either variable or fixed. 1. Leather used in the production of cars 2. The costs of advertising at a famous singer concert in Limassol, 3. The cost of shipping finished products to customers 4. Property taxes on a coffee island shop 5. The costs of materials used to make sport shoes 6. Insurance on E's offices 7. Wood used in producing furniture 8. Monthly rent for a hair saloon 9. Wages paid per hour to a part time office cleaner 10 Salt used in a restaurant

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Manufacturing Costs

Manufacturing cost is the total cost of procuring or producing a product. In other words, the manufacturing cost is the cost that an individual or business owner undertakes for the manufacturing of goods.