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

Accounting (Text Only)

26th Edition

ISBN:9781285743615

Author:Carl Warren, James M. Reeve, Jonathan Duchac

Publisher:Carl Warren, James M. Reeve, Jonathan Duchac

Chapter21: Cost Behavior And Cost-volume-profit Analysis

Section: Chapter Questions

Problem 21.26EX: Items on variable costing income statement In the following equations, based on the variable costing...

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