Given the following cost data, what type of cost is shown?

A) mixed cost
B) variable cost
C) fixed cost
D) period cost

Question

Given the following cost data, what type of cost is shown?​​   ​A)  mixed costB)  variable costC)  fixed costD)  period cost

Mahafha Hudivhaene · Accepted Answer

Final Answer : B, Explanation :  Variable cost varies with the level of production or sales. The cost data shown has not been specified as a fixed cost or a mixed cost, and there is not enough information given to classify it as a period cost. Therefore, the best choice is B) variable cost.

Given the following cost data, what type of cost is shown?

A) mixed cost
B) variable cost
C) fixed cost
D) period cost

Definitions

Learning Objectives

Learning Objectives

Related questions

Given the following cost data, what type of cost is shown?​​ ​A) mixed costB) variable costC) fixed costD) period cost

Definitions

Learning Objectives

Learning Objectives

Related questions

Given the following cost data, what type of cost is shown?

A) mixed cost
B) variable cost
C) fixed cost
D) period cost