In: Accounting
The following are items that are normally found in the costs reports of a car assembly company. Classify each cost as M for Manufacturing and NM for Non-Manufacturing with respect to the assembly process and variable (V) or fixed (F) with respect to how the total costs of the plant change as the number of cars assembled changes.
Cost of engines shipped from producing plants
Salary of research and development officer in the assembly plant
Annual fire insurance policy for the assembly plant
Wages paid to assembly line workers on an hourly basis
Electricity cost in the assembly plant
Freight cost of parts received from suppliers
Depreciation of machines in the assembly plant
Salary of assembly plant supervisor
Rent paid for the assembly plant
Seats installed in cars