1. How would a 5% sales commision paid to a sales personnel be classified in a manufacturing company? fixed, period cost variable, product cost fixed, product cost direct labor, product variable, period cost 2. Atrue statement about cost behavior is that: fixed costs are constant on per unit basis and change in total as activity changes. variable costs are constant on per unit basis and are constant in total as activity changes. variable cost change on per unit basis and change in total as activity changes. variable costs are constant on per unit vasis and change in total as activity changes. fixed costs are constant per unit basis and constant in total as activity changed
1. How would a 5% sales commision paid to a sales personnel be classified in a manufacturing company? fixed, period cost variable, product cost fixed, product cost direct labor, product variable, period cost 2. Atrue statement about cost behavior is that: fixed costs are constant on per unit basis and change in total as activity changes. variable costs are constant on per unit basis and are constant in total as activity changes. variable cost change on per unit basis and change in total as activity changes. variable costs are constant on per unit vasis and change in total as activity changes. fixed costs are constant per unit basis and constant in total as activity changed
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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1. How would a 5% sales commision paid to a sales personnel be classified in a manufacturing company?
fixed, period cost
variable, product cost
fixed, product cost
direct labor, product
variable, period cost
2. Atrue statement about cost behavior is that:
fixed costs are constant on per unit basis and change in total as activity changes.
variable costs are constant on per unit basis and are constant in total as activity changes.
variable cost change on per unit basis and change in total as activity changes.
variable costs are constant on per unit vasis and change in total as activity changes.
fixed costs are constant per unit basis and constant in total as activity changed
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