For each cost item, indicate whether it would be variable or fixed with respect to the number of units produced and sold, and then direct cost or an indirect cost with respect to units of product. Manufacturing (Product) Cost
Variable or FixedSelling CostAdministrative CostDirectIndirect
Ex. Direct laborVariable Yes
Executive SalariesFixed Yes
Factory rentFixed Yes
1.Property taxes, factory
2.Boxes used for packaging detergent produced by the company
3.Salespersons' commissions
4.Supervisor's salary factory
5.Depreciation executive autos
6.Wages of workers assembling computers
7.Insurance, finished goods warehouses
8.Lubricants for production equipment
9.Advertising costs
10.Microchips used in producing calculators
11.Shipping costs on merchandise sold
12.Magazine subscriptions, factory lunchroom
13.Thread in a garment factory
14.Executive life insurance
15.Ink used in textbook production
16.Fringe benefits, materials handling workers
17.Yarn used in sweater production
18.Wages of receptionist, executive offices

8. agreement and disagreement among economists suppose that bob, an economist from a university in arizona, and cho, an economist from a public television program, are arguing over saving incentives. the following dialogue shows an excerpt from their debate: cho: i think it's safe to say that, in general, the savings rate of households in today's economy is much lower than it really needs to be to sustain an improvement in living standards. bob: i think a switch from the income tax to a consumption tax would bring growth in living standards. cho: you really think households would change their saving behavior enough in response to this to make a difference? because i don't. the disagreement between these economists is most likely due to . despite their differences, with which proposition are two economists chosen at random most likely to agree? rent ceilings reduce the quantity and quality of available housing. immigrants receive more in government benefits than they contribute in taxes. having a single income tax rate would improve economic performance.

wilson's has 10,000 shares of common stock outstanding at a market price of $35 a share. the firm also has a bond issue outstanding with a total face value of $250,000 which is selling for 102 percent of face value. the cost of equity is 11 percent while the preminustax cost of debt is 8 percent. the firm has a beta of 1.1 and a tax rate of 34 percent. what is wilson's weighted average cost of capital?

If a seller prepaid the taxes of $4,400 and the closing is set for may 19, using the 12 month/30 day method what will the buyer owe the seller as prorated taxes?