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5. (5 marks) Determine the type of the costs: fixed cost(F), variable cos (V), and Blended cost (B), write your answer in the first column
5. (5 marks) Determine the type of the costs: fixed cost(F), variable cos (V), and Blended cost (B), write your answer in the first column in the following table. | ||
Type of Cost | Costs Incurred | Amount |
Equipment cost | $13,500.00 per month | |
Internet and land line per month | $298.00 per month | |
Utilities | $2400.00 per month plus $0.48 per kW usage | |
Management wages | $15,000.00 per month | |
Production workers wages | $35.00 per hour |
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