19. LO.2-LO.3(cost behavior and classification) Indicate whether each of the follow- ing items is a variable(V), fixed(F), or mixed(M) cost and whether it is a product/ service(PT) or period(PD) cost. If some items have alternative answers, indicate the alternatives and the reasons for them.
a. Wages of factory maintenance workers
b. Wages of forklift operators who move finished goods from a central warehouse to the outbound loading dock
c. Insurance premiums paid to insure the headquarters of a manufacturing company d. Cost of labels attached to shirts made by a company
e. Property taxes on a manufacturing plant
f. Paper towels uscd in factory restrooms
g. Salaries of office assistants in a law firm
h. Freight costs of acquiring raw material from suppliers
i. Computer paper used in an accounting firm
j. Cost of wax to make candlcs
k. Freight in on a truckload of furniture purchased for resale
20, LO.2-LO.3(Cost behavior and classification) Classify each of the following costs incurred in manufacturing bicycles as variable(V), f(F), or mixed(M) cost(using number of units produced as the activity measure). Also indicate whether the cost is direct material(DM), direct labor(DL), or overhead(OH).
a. Factory supervision
b. Aluminum tubing
c. Rims
d. Emblem
e. Gearbox
f. Straight-line depreciation on painting machine
g. Fenders
h. Raw material inventory clerk's wages
i. Quality control inspector's salary
j. Handlebars
k. Metal worker's wages
l. Roller chain
m. Spokes (assuming cost is considered significant)
n. paint (assuming cost is considered significant)