Solved

You Are Given the Following Cost and Volume Information Which Type of Cost Is Given?
A) Variable
B) Fixed

Question 2

Multiple Choice

You are given the following cost and volume information:
 Volume ( in units)   Cost per unit ( in $) 500$61000315002\begin{array} { c c } \begin{array} { c } \text { Volume } \\(\text { in units) }\end{array} & \begin{array} { c } \text { Cost per unit } \\( \text { in \$}) \end{array} \\\hline 500&\$6 \\1000 &3\\1500 &2 \\\end{array}
Which type of cost is given?


A) Variable
B) Fixed
C) Step
D) Mixed

Correct Answer:

verifed

Verified

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