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    Fixed cost or a variable cost

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    Complete the following chart by placing an "X" under the applicable column headings. Classify each cost as a fixed cost or a variable cost and as either a direct or indirect product cost or a period cost.

    Item Cost Behavior Product Costs Period Cost
    Fixed Variable Direct Indirect
    Glue used in furniture
    Cost of workers sanding a product
    Wages of factory custodian
    Grapes used in jelly
    Rent of factory equipment
    Factory insurance
    Controller's salary
    Factory washroom supplies
    Sugar in candy products
    Wages of a machinist
    Office supplies used

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    https://brainmass.com/business/financial-accounting-bookkeeping/fixed-cost-variable-cost-290038

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    Complete the following chart by placing an "X" under the applicable column headings. Classify each cost as a fixed cost or a variable cost and as either a ...

    Solution Summary

    The response provides guidance regarding classification of costs.

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