All of the following are classified as fixed assets except
A. factory equipment.
B. a company car.
C. computers held for resale.
D. property.
E. buildings.
Answer: C
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Tyson Manufacturing has the following information available for 2012: Direct materials $6.00 per unit Direct labor $2.00 per unit Variable manufacturing overhead $1.50 per unit Variable selling and administrative costs $3.00 per unit Fixed manufacturing overhead $40,000 Fixed selling and administrative costs $50,000 During 2012, Tyson produced 10,000 units out of which 9,100 units were sold for
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