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Unformatted text preview: in a movie that was shooting on location in Austin. The job paid $100 and would have required Luisa to be on location at 6 A.M. and to remain for 12 hours. Regretfully, Luisa turned it down. e. The owners pay Luisa $200 per month for her services. 1) Which of the above is an indirect cost? 2) Which of the above is a variable cost? 3) Which of the above is a fixed cost? 4) At the end of the month, how would Luisa classify her Internet payment of $40 as a cost on the balance sheet or as an expense on the income statement? 5) Which of the above is an opportunity cost? Why? 6) What price is charged? What is Luisas total revenue for the month?...
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This note was uploaded on 10/13/2011 for the course ACCT 2361 taught by Professor Severance during the Spring '08 term at Texas State.
- Spring '08