Direct materials, sales commissions and factory electricity, Accounting Basics

Assignment Help:

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

 


Related Discussions:- Direct materials, sales commissions and factory electricity

Exercise 5-3 analyzing and recording merchandise, Exercise 5-3 Analyzing an...

Exercise 5-3 Analyzing and recording merchandise transactions-both buyer and seller LO P1, P2 Santa Fe Company purchased merchandise for resale from Mesa Company with an invo

Accounting theory, explain the proceedure followed in government system of ...

explain the proceedure followed in government system of accounting in india

What is journal, Q. What is journal? In explaining the rules of credit ...

Q. What is journal? In explaining the rules of credit and debit we recorded transactions directly in the accounts. Every ledger (general ledger) account shows only the increase

State about the reporting sales taxes collected, State about the Reporting ...

State about the Reporting sales taxes collected SALES TAX PAYABLE - CREDIT BALANCE SALES RETURNS INVOLVING A SALES TAX Tax should also be returned to the customer.

Gearing, Remedies of overtrading

Remedies of overtrading

General principles of accounting, Q. General principles of accounting? ...

Q. General principles of accounting? Organizations that have contributed towards the development of the principles are the 1)American Institute of Certified Public Accountants

Chnages, What is the latest change taking place in the accounting world tha...

What is the latest change taking place in the accounting world that will make a big difference to the way accountants prepare accounts?

Banking sector, effects of technology in banking sector

effects of technology in banking sector

Harry and sally were divorced three years ago., Harry and Sally were divorc...

Harry and Sally were divorced three years ago. In July of the current year, their son, Joe, broke his arm falling out of a tree. Joe lives with Sally and Sally claims him as a de

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd