Multiple Choice 1 - WALA PDF

Title	Multiple Choice 1 - WALA
Author	Jane Garopel Villanueva
Course	Bachelor of Science in Accountancy
Institution	Polytechnic University of the Philippines
Pages	1
File Size	46.1 KB
File Type	PDF
Total Downloads	15
Total Views	139

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Summary

WALA...

Description

Classify the following as to fixed, variable or mixed Variable cost- change in accordance with changes in sales volume Fixed costs - do not change with changes in sales volume. Mixed costs- are costs that made up of fixed and variable elements.

Particulars

Types of cost

1. Factory rent

Fixed Cost

2. Wages for workers paid based on units produced

Variable cost

3. Equipment Maintenance

Mixed cost

4.Cost Accountant's Salary

Fixed cost

5.Depreciation based on output

Variable cost

6.Salary of factory Supervisor

Fixed cost

7.Telephone(Monthly)

Mixed cost

8.Paper in the manufacture of books

Variable cost

9.Wages of machine Operators

Variable cost

10.Commission of salesman

Variable cost...