Chapter 12, Problem 12.8E

Exercise 12.8

LO 3

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

Cost

Variable Fixed

Raw materials________  ________

Staples used to secure packed boxes of product ________  ________

Plant janitors’wages________  ________

Order processing clerks’ 'wages________  ________

Advertising expenses________  ________

Production workers’ wages________  ________

Production supervisors’ salaries________  ________

Sales force commissions________  ________

Maintenance supplies used________  ________

President’s salary________  ________

Electricity cost________  ________

Real estate taxes for:________  ________

Factory________  ________

Office building________  ________