Whippany manufacturing wants to estimate costs for each product they produce at its Troy plant. The Troy plant produces three products at this plant, and runs two flexible assembly lines. Each assembly line can produce all three products.
Required:
a.Classify each of the following costs as either direct or indirect for each product.
b.Classify each of the following costs as either fixed or variable with respect to the number of units produced of each product.
Definitions:
Arthropoda
A phylum of invertebrate animals with exoskeletons, segmented bodies, and jointed appendages, including insects, arachnids, myriapods, and crustaceans.
Annelida
A phylum of segmented worms including earthworms, leeches, and their relatives, characterized by a segmented body and often a well-developed coelom.
Echinodermata
A phylum of marine animals characterized by radial symmetry, a calcareous endoskeleton, and a water vascular system, including starfish and sea urchins.
Mollusca
A diverse phylum of invertebrate animals with a soft body, which in many species is protected by a hard shell.
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