Question

In: Accounting

Which of the following classifications best describes the behaviour of Cost A?

Rymore Company has provided the following:


July

August

Sales in Units

1,500

1,600

Cost A

$35,000

$36,000

Cost B

$16,000

$16,000

Cost C

$67,500

$72,000

Which of the following classifications best describes the behaviour of Cost A?

Select one:

a. Mixed.

b. Variable.

c. Fixed.

d. Opportunity cost.

Solutions

Expert Solution

Answer (a) Mixed

Cost A is a mixer of fixed cost and variable cost. This cost also knows as semi variable cost.

  • Variable cost= change in cost/change in unit

=$1,000/100 units

=$10 per unit is variable cost

Fixed cost =total cost- total variable cost

=$35,000-1,500*$10   

=$20,000 total fixed cost

ekkarill92 answered 2 years ago
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