Cost Fixed Cost Variable Cost Mixed Cost
Classify costs
Cromwell Furniture Company manufactures sofas distribution to several major retail chains.The folowing costs are incurred in the production and sale of sofas:
Fabric for sofa coverings
Wood for framing the sofas
Legal fee paid to attorneys in defence of the company in a patent infringement suit.$25,000 plus $160 oer hour.
salary of production supervisor
cartons used to ship sofas
Rent on experimental equipment,$50 for every sofa produced
straight-line
Rental costs of warehouses,$30,000 per month
Prpperty taxes on property,plant and equipment
Insurance premiums on property, plant, and equipment, $25,000 per year plus $25 per $25,000 of insured value over $16,000,000
Springs for seat cushions
consulting fee of $120,000 paid to efficiency specialists
Electricity costs of $0.13 per kilowatt-hour
Salesperson's salary,$80,000 plus 4% of the selling price of each sofa sold
Foam rubber for cushion fillings
Janitorial supplies,$2,500 per month
Employers FICA taxes on controller's salary of $180,000
Salary of designers
Wages of sewing machine operatros
sewing supplies
Instructions
Classify the preceding costs as either fixed,or mixed .Use the following tabulur heading and place an X in the appropriate column.Identify each costs by letter in cost column.
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