PA4. LO 2.2Listed as follows are various costs found in businesses. Classify each cost as a fixed or variable cost, and as a product and/or period cost.
Wages of administrative staff
Shipping costs on merchandise sold
Wages of workers assembling computers
Cost of lease on factory equipment
Insurance on factory
Direct materials used in production of lamps
Supervisor salary, factory
Advertising costs
Property taxes, factory
Health insurance cost for company executives
Rent on factory
Answers: 2
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PA4. LO 2.2Listed as follows are various costs found in businesses. Classify each cost as a fixed or...
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