QS 21-3 (Algo) Classifying costs LO C1 Following are costs for eight different items. Costs are shown for three different levels of units produced and sold. Classify each of the eight cost items as either variable, fixed, or mixed. Costs for Different Levels of Units Produced and Sold Direct labor Depreciation on factory equipment Direct materials Rent on factory building. Salesperson compensation Factory supervisor salary Factory utilities Insurance on factory building Direct labor Depreciation on factory equipment Direct materials Rent on factory building Salesperson compensation Factory supervisor salary Factory utilities Insurance on factory building At 0 units At 2,000 units At 4,000 unita $0 4,200. 0 2,200 4,200 5,200 220 1,100 $ 11,200 4,200 7,200 2,200 4,200 5,200 620 1,100 $ 22,400 4,200 14,400 2,200 5,200 5,200 820 1,100
QS 21-3 (Algo) Classifying costs LO C1 Following are costs for eight different items. Costs are shown for three different levels of units produced and sold. Classify each of the eight cost items as either variable, fixed, or mixed. Costs for Different Levels of Units Produced and Sold Direct labor Depreciation on factory equipment Direct materials Rent on factory building. Salesperson compensation Factory supervisor salary Factory utilities Insurance on factory building Direct labor Depreciation on factory equipment Direct materials Rent on factory building Salesperson compensation Factory supervisor salary Factory utilities Insurance on factory building At 0 units At 2,000 units At 4,000 unita $0 4,200. 0 2,200 4,200 5,200 220 1,100 $ 11,200 4,200 7,200 2,200 4,200 5,200 620 1,100 $ 22,400 4,200 14,400 2,200 5,200 5,200 820 1,100
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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
Transcribed Image Text:QS 21-3 (Algo) Classifying costs LO C1
Following are costs for eight different items. Costs are shown for three different levels of units produced and sold. Classify each of the
eight cost items as either variable, fixed, or mixed.
Costs for Different Levels of Units Produced and Sold
Direct labor
Depreciation on factory equipment
Direct materials
Rent on factory building
Salesperson compensation
Factory supervisor salary
Factory utilities
Insurance on factory building
Direct labor
Depreciation on factory equipment
Direct materials
Rent on factory building
Salesperson compensation
Factory supervisor salary
Factory utilities
Insurance on factory building.
At 0 units
$0
4,200
0
2,200
4,200
5,2001
220
1,100
At 2,000 units At 4,000 units.
$ 11,200
$ 22,400
4,200
4,200
7,200
2,200
4,200
5,200
620
1,100
14,400
2,200
5,200
5,200
820
1,100
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