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-   -   Fixed vs. Variable Costs (https://www.askmehelpdesk.com/showthread.php?t=104505)

  • Jun 26, 2007, 10:59 AM
    annie01982
    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!
  • Jun 26, 2007, 12:02 PM
    CaptainForest
    What do YOU think the answers are.

    We will help you, but first you must show an effort.
  • Jun 26, 2007, 06:38 PM
    bhet
    Yap I agree with CaptainForest, this sight was created to help, not to make you dependent.
  • Jun 26, 2007, 06:49 PM
    annie01982
    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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