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Identify the Following as Fixed Costs, Variable Costs, or Mixed

Question 155

Essay

Identify the following as fixed costs, variable costs, or mixed costs:
_____________a. Direct materials
_____________b. Electricity
_____________c. Factory building rent
_____________d. Advertising expense
_____________e. Shipping expense
_____________f. Insurance on the factory building
_____________g. Cost of goods sold
_____________h. Direct labor

Correct Answer:

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a. Variable
b. Mixed...

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