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Select Cost Information for Klondike Corporation Is as Follows

Question 38

Multiple Choice

Select cost information for Klondike Corporation is as follows: Select cost information for Klondike Corporation is as follows:   Based on this information: A)  Both direct materials and rent expense are variable costs. B)  Direct materials is a fixed cost and rent expense is a variable cost. C)  Both direct materials and rent expense are fixed costs. D)  Direct materials is a variable cost and rent expense is a fixed cost. E)  Both direct materials and rent expense are mixed costs. Based on this information:


A) Both direct materials and rent expense are variable costs.
B) Direct materials is a fixed cost and rent expense is a variable cost.
C) Both direct materials and rent expense are fixed costs.
D) Direct materials is a variable cost and rent expense is a fixed cost.
E) Both direct materials and rent expense are mixed costs.

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