Kocher Steel Typically Achieves One of Three Production Levels in Any

Multiple Choice

Kocher Steel typically achieves one of three production levels in any given year: 8 million pounds of steel,10 million pounds of steel,or 16 million pounds of steel.In tracking some of its costs,Kocher Steel's controller discovered one cost that was $10 per pound no matter what the production level for the year.This is an example of a

A) variable cost.
B) fixed cost.
C) semivariable cost.
D) semifixed cost.