Ali is a member of a family that consists of him, his father, his mother and his older brother. Each member of the family has his own mobile phone. Each mobile phone is on a post-paid plan, for which a monthly bill is received at the end of each month. The electricity, on the other hand, is provided to the entire house in general, with one bill is received at the end of each month. The father has recently received the phone bill of Ali and wishes to do some analysis of the phone consumption. Assuming that the value of the phone bill is calculated based on the number of minutes consumed with no subscription fees. In the above information, the cost of the phone bill to Ali is: a. An indirect fixed cost b. A direct fixed cost с. An indirect mixed cost d. An indirect, variable cost

CONCEPTS IN FED.TAX.,2020-W/ACCESS
20th Edition
ISBN:9780357110362
Author:Murphy
Publisher:Murphy
Chapter3: Income Sources
Section: Chapter Questions
Problem 41P
icon
Related questions
Question
Ali is a member of a family that consists of him, his father, his mother and his older brother. Each member of the family has his
own mobile phone. Each mobile phone is on a post-paid plan, for which a monthly bill is received at the end of each month. The
electricity, on the other hand, is provided to the entire house in general, with one bill is received at the end of each month. The
father has recently received the phone bill of Ali and wishes to do some analysis of the phone consumption. Assuming that the
value of the phone bill is calculated based on the number of minutes consumed with no subscription fees. In the above
information, the cost of the phone bill to Ali is:
a.
An indirect fixed cost
b.
A direct fixed cost
C.
An indirect mixed cost
d.
An indirect, variable cost
e.
A direct, variable cost
Transcribed Image Text:Ali is a member of a family that consists of him, his father, his mother and his older brother. Each member of the family has his own mobile phone. Each mobile phone is on a post-paid plan, for which a monthly bill is received at the end of each month. The electricity, on the other hand, is provided to the entire house in general, with one bill is received at the end of each month. The father has recently received the phone bill of Ali and wishes to do some analysis of the phone consumption. Assuming that the value of the phone bill is calculated based on the number of minutes consumed with no subscription fees. In the above information, the cost of the phone bill to Ali is: a. An indirect fixed cost b. A direct fixed cost C. An indirect mixed cost d. An indirect, variable cost e. A direct, variable cost
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Tax consequences of home ownership
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
CONCEPTS IN FED.TAX., 2020-W/ACCESS
CONCEPTS IN FED.TAX., 2020-W/ACCESS
Accounting
ISBN:
9780357110362
Author:
Murphy
Publisher:
CENGAGE L
Individual Income Taxes
Individual Income Taxes
Accounting
ISBN:
9780357109731
Author:
Hoffman
Publisher:
CENGAGE LEARNING - CONSIGNMENT
SWFT Comprehensive Volume 2019
SWFT Comprehensive Volume 2019
Accounting
ISBN:
9780357233306
Author:
Maloney
Publisher:
Cengage
SWFT Comprehensive Vol 2020
SWFT Comprehensive Vol 2020
Accounting
ISBN:
9780357391723
Author:
Maloney
Publisher:
Cengage
SWFT Individual Income Taxes
SWFT Individual Income Taxes
Accounting
ISBN:
9780357391365
Author:
YOUNG
Publisher:
Cengage
Income Tax Fundamentals 2020
Income Tax Fundamentals 2020
Accounting
ISBN:
9780357391129
Author:
WHITTENBURG
Publisher:
Cengage