Multiple Choice
The total cost of materials, where the supplier charges $9/kg if 0-1000 kilograms are purchased, $8/kg if 1001-2000 kilograms are purchased, and $7/kg if 2001 or more kilograms are purchased, is a:
A) Fixed cost
B) Variable cost
C) Mixed cost
D) Stepwise linear cost
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q34: In a regression equation, fixed costs are
Q35: Textbook costs are an opportunity cost of
Q36: Mixed costs:<br>A) Consist of fixed and variable
Q37: Indirect costs are:<br>A) Costs that need to
Q38: If we want to estimate the cost
Q40: Salaries and wages you could earn while
Q41: Paula's Kennels is located in a small
Q42: Which cost estimation technique is useful in
Q43: The total cost of salaries of production
Q44: A manager might use this method to