A fashion company pays a designer a royalty of 5% on the selling price of every dress

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A fashion company pays a designer a royalty of 5% on the selling price of every dress based on her design. Such a cost would be classified as a:

(a) Semi-variable cost

(b) Fixed cost

(c) Semi-fixed cost

(d) Variable cost

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Accounting And Finance For Business

ISBN: 9780273773948

1st Edition

Authors: Geoff Black, Mahmoud Al-Kilani

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Question Posted: Jul 02, 2024 09:04 AM

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A fashion company pays a designer a royalty of 5% on the selling price of every dress

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Accounting And Finance For Business

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