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)

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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