Listed below are costs found in various organizations. For each cost item, indic

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Listed below are costs found in various organizations. For each cost item, indicate whether it would be variable or fixed with respect to the number of units produced and sold; and then whether it would be a selling cost, an administrative cost, or a manufacturing cost. If it is a manufacturing cost, indicate whether it would typically be treated as a direct cost or an indirect cost with respect to units of product. Manufacturing (Product) Cost Cost Item Variable or Fixed Selling Cost Administrative Cost Direct Indirect Ex. Direct labor Variable Yes Executive salaries Fixed Yes Factory rent Fixed Yes 1. Depreciation, executive jet. 2. Costs of shipping finished goods to customers. 3. Wood used in manufacturing furniture. 4. Sales manager Manufacturing (Product) Cost Cost Item Variable or Fixed Selling Cost Administrative Cost Direct Indirect Ex. Direct labor Variable Yes Executive salaries Fixed Yes Factory rent Fixed Yes 1. Depreciation, executive jet. 2. Costs of shipping finished goods to customers. 3. Wood used in manufacturing furniture. 4. Sales manager Manufacturing (Product) Cost Cost Item Variable or Fixed Selling Cost Administrative Cost Direct Indirect Ex. Direct labor Variable Yes Executive salaries Fixed Yes Factory rent Fixed Yes 1. Depreciation, executive jet. 2. Costs of shipping finished goods to customers. 3. Wood used in manufacturing furniture. 4. Sales manager Listed below are costs found in various organizations. For each cost item, indicate whether it would be variable or fixed with respect to the number of units produced and sold; and then whether it would be a selling cost, an administrative cost, or a manufacturing cost. If it is a manufacturing cost, indicate whether it would typically be treated as a direct cost or an indirect cost with respect to units of product.

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