Peyton Products Makes Paddle Boards, and Would Like to Identify

question 20

Essay

Peyton Products makes paddle boards, and would like to identify the behavior of certain costs with respect to each paddle board produced and sold.
Required:
Identify each of the following costs as variable (V), fixed (F), or mixed (M).
1. Salary of chief financial officer (CFO).
2. Parts required for production.
3. Straight-line depreciation on factory machinery.
4. Salaries and commissions of salespeople.
5. Lease payments of $30,000 for factory equipment plus 5 cents for each
keyboard completed.
6. Company cell phones with flat fee of $80 plus 5 cents per minute.
7. Invoices sent to customers.
8. Salary of production manager.
9. Hourly wages for assembly workers.

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Definitions:

Same Entity

Refers to a single organization or company, implying that different parts or aspects being discussed are all components of the same whole.

Interdependencies

Refers to the mutual reliance between two or more entities or systems where each has an effect on or is affected by the other.

Interventions

Actions or processes implemented to effect change or achieve desired outcomes in a particular situation or context, often related to health, social, or behavioral issues.

Complex Problems

Refers to intricate issues that are composed of multiple interconnected elements and variables, which make them challenging to understand, analyze, and resolve.