5 points QUESTION 25 1. Pitt Steel typically achieves one of three production levels in any given year 5 million pounds of steel 10 million pounds of steel, or 15 million pounds of steel In tracking some of its costs, Pitt's controller discovered one cost that was $ 9 per pound at all production level. This is an example of a fixed cost. variable cost. semivariable cost. sem foxed cost. 1