Direct materials, sales commissions and factory electricity, Accounting Basics

You have been assigned to analyze the costs of NC Microelectronics, a microchip manufacturer. Indicate whether the following costs are more likely fixed (F), variable (V), or mixed (M), with respect to the number of chips sold.

1. President's salary

2. Sales commissions

3. Direct materials

4. Salary of vice president of manufacturing

5. Factory electricity

6. Rent for headquarters building

7. Fire insurance on manufacturing facility

8. Direct labor

9. Property taxes on the factory

10. Maintenance on headquarters building

 

Posted Date: 3/20/2013 4:18:21 AM | Location : United States







Related Discussions:- Direct materials, sales commissions and factory electricity, Assignment Help, Ask Question on Direct materials, sales commissions and factory electricity, Get Answer, Expert's Help, Direct materials, sales commissions and factory electricity Discussions

Write discussion on Direct materials, sales commissions and factory electricity
Your posts are moderated
Related Questions
The company borrowed 30 000on September 1, 2011. The principal is due to be repaid in 10 years. Interest is payable twice a year on each August 31 and February 28 at an annual rate

Q. Example on closing process? This problem engross using a work sheet for Green Hills Riding Stable Incorporated for the month ended 2010 July 31 and performing the closing pr

Q. How does asset cash increase? An asset cash increases (debited) as well as a liability unearned service revenue increases (credited) by USD 4500. The credit is to Unearned S


Q. What is Long-term liabilities? Long-term liabilities are debts such as a bonds payable and mortgage payable that aren't due for more than one year. Companies must show matur

Critique the Ethics of those involved in the News of the World phone hacking scandal. Demonstrate in your critical analysis how the use of Ethics by the parties involved could have

Q. Example of Periodic inventory procedure? Periodic inventory procedure Merchandising companies selling small unit value merchandise such like nuts and bolts Christmas cards n

On December 31, 2013, University Theatres issued $500,000 face value of bonds. The stated rate is 8%, and interest is paid semiannually on June 30 and December 31. The bonds mature

Problem 1: i) Assess the importance of accounting in the Public Sector. ii) How far has the Governmental Accounting Standards Board (GASB) changed financial reporting, ass

Pro forma Financial Statements In accounting, a financial statement in which the amounts begin are fully or partially estimates; from the Latin for "as a matter of form."