PA4. LO 2.2Listed as follows are various costs found in businesses. Classify each cost as a fixed or variable cost, and as a product and/or period cost. Wages of administrative staff
Shipping costs on merchandise sold
Wages of workers assembling computers
Cost of lease on factory equipment
Insurance on factory
Direct materials used in production of lamps
Supervisor salary, factory
Advertising costs
Property taxes, factory
Health insurance cost for company executives
Rent on factory

The former chairman of the federal reserve, alan greenspan, used the term "irrational exuberance" in 1996 to describe the high levels of optimism among stock market investors at the time. stock market indexes such as the s& p composite price index were at an all-time high. some commentators believed that the fed should intervene to slow the expansion of the economy. why would central banks want to clamp down when the economy is growing? a. to block the formation of unsustainable speculative asset bubbles. b. to curtail excessive profits in the banking system. c. to prevent inflationary forces from gathering momentum. d. all of the above. e. a and c only.

Which two tasks does an industry safety and health engineer perform?

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