The following cost items relate to the Henning Company.Classify each cost as a variable cost or a fixed cost by placing an X in the appropriate column.Each cost should be evaluated by how it changes in total with changes in the volume of activity.Also indicate with an X for each item if it is a product cost or a period cost.

Question

The following cost items relate to the Henning Company.Classify each cost as a variable cost or a fixed cost by placing an X in the appropriate column.Each cost should be evaluated by how it changes in total with changes in the volume of activity.Also indicate with an X for each item if it is a product cost or a period cost.
The following cost items relate to the Henning Company.Classify each cost as a variable cost or a fixed cost by placing an X in the appropriate column.Each cost should be evaluated by how it changes in total with changes in the volume of activity.Also indicate with an X for each item if it is a product cost or a period cost.

Quizplus · Accepted Answer

The Answer of The following cost items relate to the Henning Company.Classify each cost as a variable cost or a fixed cost by placing an X in the appropriate column.Each cost should be evaluated by how it changes in total with changes in the volume of activity.Also indicate with an X for each item if it is a product cost or a period cost.

The Following Cost Items Relate to the Henning Company