answer

watching

views

raspberryhorse169Lv1

11 Dec 2019

Which of the following costs are most likely to be classified as fixed?

a) Shipping costs

b) Sales commissions

c) Direct labor

d) Direct materials

e) Property taxes

answer

watching

727

views

For unlimited access to Homework Help, a Homework+ subscription is required.

You have 0 free answers left.
Get unlimited access to 3.8 million step-by-step answers.

Get unlimited access

Already have an account? Log in

Irving HeathcoteLv2

28 Mar 2020

Unlock all answers

Get 1 free homework help answer.

Already have an account? Log in

Related questions

Indicate if the following costs are direct/indirect and variable/fixed:

Plant Equipment Depreciation

Property Taxes on the Plant

Direct Labor

Monthly Rent on the Plant Facilities

Direct Materials

pearrabbit872

Myers company uses a flexible budget for manufactoring overhead based on direct labor hours.Variable manufactoring overhead costs per direct labor hour as follows.
Indirect labor $1.20
Indirect materials .70
Utilities .20

Fixed overhead costs per month are supervision $4300, Depreciation $2000, and property taxes $700. The company believes it will normally operate in a range of $8100 -12000 direct labor hours per month.

Prepare a monthly manufactoring overhead flexible budget for 2017 for the expected range of activity, using increments of 1300 direct labor hours

manufactoring overhead flexible budget for 2017
Activity level
Direct labor hours _______ ________ ________ ________
Variable costs
Indirect labor _______ ________ _______ _______
Indirect materials ________ ______ _____ ______
Utilities _____ ____ _____ _____
total variable costs _____ _____ _____ _____
Fixed costs
Depreciation _____ _____ _____ _____
Propety taxes _____ ______ ____ ______
Supervision ____ ____ ____ ____
Total fixed costs ____ ____ ____ ____
Total costs ___ _____ ____ ____

whitelizard672

8. Sales commissions are classified as:

a. Fixed costs

b. Product costs

c. Period costs

d. Mixed costs

e. Indirect costs

9. An example of a mixed cost is:

a. Utilities (electric and natural gas)

b. Direct materials

c. Rent on the manufacturing facility

d. All of the above

e. None of the above

10. When the activity level increases within the relevant range, what should happen with respect to the following?

Total Fixed Costs Total Variable Costs

а. Decrease No change

b. Decrease Decrease

c. No change Decrease

d. No change Increase

е. Increase Increase

f. Increase No change

11. Hawkins Textiles, Inc. is a merchandising company. During the month of August 2018, Hawkins had cost of goods sold of $66,000. The company's beginning merchandise inventory was $17,000, and its ending merchandise inventory was $23,000. What was the total amount of the company's merchandise purchases for the month?

a. $94,000

b. $72,000

c. $66,000

d. $60,000

12. Which of the following costs is classified as a prime cost?

Direct Materials Indirect Materials

a. Yes Yes

b. No No

c. Yes No

d. No Yes