A manufacturing company has four types of cost (identified as T1, T2, T3 and T4). The total

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A manufacturing company has four types of cost (identified as T1, T2, T3 and T4). The total cost for each type at two different production levels is:

Which cost types would be classified as being semi-variable?

(a) T1(b) T2(c) T3(d) T4

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Management and Cost Accounting

ISBN: 978-1473748873

10th edition

Authors: Colin Drury

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Question Posted: Feb 07, 2020 10:04 AM

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A manufacturing company has four types of cost (identified as T1, T2, T3 and T4). The total

Question:

Total cost for Total cost for 180 units 125 units (£) Cost type (£) T1 1000 1440 T2 1750 2520 ТЗ 2475 2826 T4 3225 4644

Step by Step Answer:

Answer Cost type classified as SemiVariable cost c T3 Explanation Cost Type T1 Variable cost at 125 ...View the full answer

Management and Cost Accounting

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