Seminar 3 Questions and Exercises

Seminar 3 Questions and Exercises - 4 Property insurance...

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
Seminar 3 Questions and Exercises Address the following questions and exercises and post your responses to the weekly discussion board by Saturday, 11:59 p.m. This assignment is worth 30 points. You are encouraged to work together on the questions and exercises, discussing the possibilities, but you must post your own work. Ex. 11-1 Following is a list of various costs incurred in producing toy robotic helicopters. With respect to the production and sale of these toy helicopters, classify each cost as either variable, fixed, or mixed. 1. Oil used in manufacturing equipment 2. Hourly wages of inspectors 3. Electricity costs, $0.20 per kilowatt-hour
Background image of page 1
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: 4. Property insurance premiums, $1,500 per month plus $0.006 for each dollar of property over $2,000,000 5. Janitorial costs $4,000 per month 6. Pension cost, $0.08 per employee hour on the job 7. Computer chip (purchased from a vendors 8. Hourly wages of machine operators 9. Straight-line depreciation on the production equipment 10. Metal 11. Packaging 12. Rent on warehouse, $10,000 per month plus $10 per square foot of storage used 13. Plastic 14. Property taxes, $1000,000 per year on factory building and equipment 15. Salary of plant manager 2. Ex. 11-5 3. Ex. 11-11 4. Ex. 11-12...
View Full Document

{[ snackBarMessage ]}

Ask a homework question - tutors are online