Essay
Identify the following planned costs as (a) purely variable costs, (b) discretionary fixed costs, (c) committed fixed costs, (d) mixed costs, or (e) step costs.
1. Straight- line depreciation on office furniture.
2. Electricity used in operating equipment.
3. A lump sum amount of advertising costs planned by a local restaurant.
4. Nursing supervisors' salaries (a supervisor is needed for each 10 nursing personnel).
5. Repairs made on computers.
6. Training costs for employees.
Correct Answer:

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1. Committed fixed costs
2. Mi...View Answer
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Correct Answer:
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2. Mi...
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