What type of cost is this? Total Costs Units January $136250 500 February $190750 700 If it is a mixed cost, enter a 1 for your answer. If it is a variable cost, enter a 2 for your answer. If it is a fixed cost, enter a 3 for your answer.

Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter23: Other Topics In Working Capital Management
Section: Chapter Questions
Problem 6MC
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What type of cost is this?
Total Costs Units
January $136250 500
February $190750 700
If it is a mixed cost, enter a 1 for your answer.
If it is a variable cost, enter a 2 for your answer.
If it is a fixed cost, enter a 3 for your answer.
Transcribed Image Text:What type of cost is this? Total Costs Units January $136250 500 February $190750 700 If it is a mixed cost, enter a 1 for your answer. If it is a variable cost, enter a 2 for your answer. If it is a fixed cost, enter a 3 for your answer.
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