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Home > Business & Careers > Accounting   »   Fixed vs. Variable Costs

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Old Jun 26, 2007, 09:59 AM
annie01982
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Fixed vs. Variable Costs
I'm having trouble identifying the following items as a fixed or variable cost. Can anyone please help??? Here are the items and what I think they are, but I'm not completely sure:

Indirect materials--variable
Overtime premium pay--variable
Polishing compounds--variable
Employer's payroll taxes--fixed
Machine lubricants--variable
Employees' hospital insurance (paid by employer)--fixed
Labor for machine repairs--variable
Vacation pay--fixed
Janitor's wages--fixed
Product inspector's wages--fixed

BTW, it is a Cost Accounting assignment. Thanks is advance to anyone who can help!

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Old Jun 26, 2007, 11:02 AM   #2  
CaptainForest
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What do YOU think the answers are.

We will help you, but first you must show an effort.
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Old Jun 26, 2007, 05:38 PM   #3  
bhet
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yap i agree with CaptainForest, this sight was created to help, not to make you dependent.
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Old Jun 26, 2007, 05:49 PM   #4  
annie01982
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Yes and I edited the original question and put in the answers I thought were correct, but it's ok now, I ended up finding the help from others!
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