Solution-Differentiate each cost as being either variable

Differentiate each cost as being either variable or fixed

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Reference no: EM131767915

Solve the given problem based on the following information.

Conglomco Corporation manufactures and sells widgets for $400 per unit. The total cost of production for 1,200 widgets is given below. Differentiate each cost as being either variable or fixed and product or period.

Costs	Cost by Behavior ($)				Cost by Function ($)
Costs	Variable		Fixed		Product		Period
Plastic for casing: $12,000		12,000				12,000
Wages/assembly: $55,000		55,000				55,000
Facility property taxes: $5,000				5,000		5,000
Accounting staff salaries: $40,000				40,000				40,000
Stands (1,200 outsourced): $22,000		22,000				22,000
Rental equipment/sales staff: $6,000				6,000				6,000
Salaries/management: $150,000				150,000				150,000
Annual maintenance fee: $12,000				12,000		12,000
Commissions (per unit): $12		14,400						14,400
Depreciation on machinery: $12,000				12,000		12,000

Reference no: EM131767915

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Differentiate each cost as being either variable or fixed

Reference no: EM131767915

Reference no: EM131767915

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