Chapter 12, Problem 12.7E

Exercise 12.7

LO 3

Cost classifications For each of the following costs, check the column(s) that most likely applies (apply)

Cost Variable Fixed

Wages of assembly-line workers ________  ________

Depreciation-plant equipment ________  ________

Glue and thread________  ________

Shipping costs________  ________

Raw materials handling costs________  ________

Salary of public relations manager ________  ________

Production run setup costs________  ________

Plant utilities________  ________

Electricity cost of retail stores________  ________

Research and development expense ________  ________