Classify the total costs of each of the following as variable, fixed, mixed, or step. (a) Maintenance
Question:
Classify the total costs of each of the following as variable, fixed, mixed, or step.
(a) Maintenance costs of a university.
(b) Rates.
(c) Rent of a photocopier charged as a fixed amount per month plus an additional charge per copy.
(d) Cost of goods sold in a book shop.
(e) Salaries paid to part-time lecturers in a college as the number of courses offered varies.
(f) Wood used by a house-building company.
(g) The costs of operating a research department.
(h) The costs of hiring a dance hall for three hours.
(i) Typing paper used in the typing pool.
(j) Electric power in a restaurant.
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