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

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 1 year ago

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