Solution-Explain the logic of classification

Explain the logic of classification

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Reference no: EM13490020

It is time for the annual budgeting process at your call center company. To kick-off the process, all the department managers and the plant accountant are meeting to discuss the budgeting process.

In your department, the department which receives incoming customer phone orders, the accountant has given you the following information:

Expense 1	salaries
Expense 2	temporary help
Expense 3	office supplies
Expense 4	utilities

You know from experience that some of these expenses seem to go up or down as factory volume goes up or down, while others stay pretty constant.

For each expense category:

classify it as being fixed, variable, or mixed
explain the logic of classification

Reference no: EM13490020

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Explain the logic of classification

Reference no: EM13490020

Reference no: EM13490020

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