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    Managerial Accounting Tools for Business Study Set 2
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    Exam 2: Managerial Cost Concepts and Cost Behaviour Analysis
  5. Question
    An Electricity Bill Is an Example of Mixed Costs
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An Electricity Bill Is an Example of Mixed Costs

Question 34

Question 34

True/False

An electricity bill is an example of mixed costs.The fixed portion represents the cost of having the service available and the variable cost is reflective of actual customer usage.

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