Some commonly known costs associated with manufacturing operations arelisted below:(a) Paint shop superintendent's salary(b) Labor costs in assembling a product(c) Rent on a factory building(d) Radio-frequency identification (RFID) units embedded in the final productduring shipping ( e) Depreciation on machinery(f) Lubricants used for machines(g) CPU chips used in notebook production(h) The paint used in automobile production(i) Janitorial and custodial salaries(j) Coffee beans used in packaging roasted coffee(k) Sugar used in ice cream production(I) Electricity for the operation of machines(m) Electricity for heating and cooling the factory building(n) The glue used in electronic board productionClassify each cost as being either variable or fixed with respect to volume or level of activity.
Some commonly known costs associated with manufacturing operations are
listed below:
(a) Paint shop superintendent's salary
(b) Labor costs in assembling a product
(c) Rent on a factory building
(d) Radio-frequency identification (RFID) units embedded in the final product
during shipping
( e)
(f) Lubricants used for machines
(g) CPU chips used in notebook production
(h) The paint used in automobile production
(i) Janitorial and custodial salaries
(j) Coffee beans used in packaging roasted coffee
(k) Sugar used in ice cream production
(I) Electricity for the operation of machines
(m) Electricity for heating and cooling the factory building
(n) The glue used in electronic board production
Classify each cost as being either variable or fixed with respect to volume or level of activity.
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
