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    Managerial Accounting Study Set 24
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    Exam 2: Cost Behavior and Cost Estimation
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    The Formula, Electricity Cost = $10 + ($0
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The Formula, Electricity Cost = $10 + ($0

Question 97

Question 97

Multiple Choice

The formula, Electricity cost = $10 + ($0.08 × kwh used) is the formula for a


A) mixed cost.
B) fixed cost.
C) step cost.
D) variable cost.

Correct Answer:

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