Listed below are costs found in various organizations PLEASE

Listed below are costs found in various organizations. PLEASE FILL THE PROBLEM

Required:

For each cost item, indicate whether it would be variable or fixed with respect to the number of units produced and sold; and then whether it would be a selling cost, an administrative cost, or a manufacturing cost. If it is a manufacturing cost, indicate whether it is a direct cost or an indirect cost with respect to units of product.

Manufacturing (Product) Cost Cost Item Selling Cost Variable or Fixed Variable Administrative Cost Direct Indirect Direct labor Yes Fixed Yes Executive salaries Factory rent Fixed Yes Fixed Yes | Yes Variable Variable Fixed Yes Yes Fixed Variable Yes Yes Fixed Variable Yes Yes Property taxes, factory. 2. |Boxes used for packaging detergent produced by the company. 3. Salespersons\' commissions. Supervisor\'s salary, factory. Depreciation, executive autos. |Wages of workers assembling computers. 7. Insurance, finished goods warehouses. Lubricants for production equipment. Advertising costs. 10. Microchips used in producing calculators. |Shipping costs on merchandise sold. 12. Magazine subscriptions, factory lunchroom. 13. Thread in a garment factory. 14. Executive life insurance. 15. |Ink used in textbook production. 16. Fringe benefits, materials handling workers. 17. Yarn used in sweater production. 18. Wages of receptionist, executive offices. Fixed Variable Variable Yes 11. Yes Fixed Variable Fixed Yes Yes Yes Variable Variable Yes Yes Fixed Yes

Solution

rest of the question has already been solved in the question itself

serial no.	particulars	variable/fixed	selling	administrative	direct	indirect
1	yarn used in sweater production	variable			direct
2	wages of receptionist	fixed		yes