Step : For each cost, mark the cost as a product cost or a period cost.
Step : If the cost is a product cost, then mark the cost as a variable cost, a fixed cost, or a mixed cost.
tabletableVariableCoststableFixedCoststableMixedCostsProduct Costs,tablePeriodCostsMortgage on the Cake ShopInsurance on the Cake ShopBaking ingredients flour sugar, etcUtilities for the Cake ShopOffice suppliesWages for the bakersSalary for his accountant, Mrs SuncatDepreciation on office equipmentCooking spray to grease cake pansBakery supervisor wagesAdvertising costsDepreciation of the baking equipmentBaking equipment repairs,,,,,