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    Managerial Accounting Study Set 24
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    Exam 2: Cost Behavior and Cost Estimation
  5. Question
    Suppose Your Cell Phone Company Offers a Plan Under Which
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Suppose Your Cell Phone Company Offers a Plan Under Which

Question 3

Question 3

Multiple Choice

Suppose your cell phone company offers a plan under which you can buy time in blocks of 100 minutes.Every 100-minute block costs $15.If you use 101 minutes you will pay $30.This is an example of a


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

Correct Answer:

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