1 Classify Each Of The Following As Being Usually Fixed F Variable V Semi Fixed Sf O 3301750
1. Classify each of the following as being usually fixed (F) , variable (V), semi-fixed (SF) or semi-variable (SV) costs
i. Direct labour – variable (V)
ii. Depreciation of machinery – fixed (F)
iii. Factory rental – fixed (F)
iv. Supplies and other indirect materials – variable (V)
v. Advertising – fixed (F)
vi. Maintenance of machinery – variable (V)
vii. Factory manager’s salary – semi-fixed (SF)
viii. Supervisory personnel –
Royalty payments