Helena Ltd reports the following total costs at two levels of production: Classify each cost as variable,

Question:

Helena Ltd reports the following total costs at two levels of production:

image text in transcribed

Classify each cost as variable, fixed or mixed.
Reasoning
A variable cost varies in total directly and proportionately with each change. A fixed cost remains the same in total with each change. A mixed cost changes in total but not proportionately with each change.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Question Posted: