Question

Phenning Company had the following costs for the past three years in which it produced 40,000,...

Phenning Company had the following costs for the past three years in which it produced 40,000, 48,000, and 60,000 units, respectively.

Year1

Year 2

Year 3

Direct Materials

$80,000

$96,000

$120,000

Utilities Expense

44,000

98,000

104,000

Property Taxes

12,000

12,000

12,000

Travel Expense

6,000

6,000

6,000

Direct Labor

60,000

72,000

90,000

Maintenance Expense

22,000

26,000

32,000

Identify which of the costs were variable, fixed, and mixed. Insert your answer in the table below.

Direct Materials:

Utilities Expense:

Property Taxes:

Travel Expense:

Direct Labor:

Maintenance Expense

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