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Question
Marv's Furniture and Fixtures produces seats for movie theaters. Listed below are selected cost items for the seat production. Classify each cost as either fixed or variable, and either a product or a period cost by placing an x in the appropriate boxes.| Cost by behavior | Cost by function | |||||||
| Variable | Fixed | Product | Period | |||||
| Fabric for seats"u00a6"u00a6"u00a6"u00a6 | ||||||||
| Assembly labor................................. | ||||||||
| Factory property taxes "u00a6"u00a6"u00a6"u00a6"u00a6.. | ||||||||
| Accounting staff salaries"u00a6"u00a6"u00a6"u00a6.. | ||||||||
| Sales office rent"u00a6"u00a6"u00a6"u00a6"u00a6"u00a6"u00a6"u00a6 | ||||||||
| Sales manager's salary"u00a6"u00a6"u00a6"u00a6"u00a6.. | ||||||||
| Depreciation on factory equipment"u00a6"u00a6"u00a6"u00a6"u00a6"u00a6"u00a6"u00a6"u00a6"u00a6. | ||||||||
| Sales commissions"u00a6"u00a6"u00a6"u00a6"u00a6"u00a6"u00a6 | ||||||||
Answer
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Direct labor X X
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