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A manufacturing company has four types of cost ( identified as A , B , C and D ) . The total cost for each

A manufacturing company has four types of cost (identified as A, B, C and D). The total cost for each type at two different production levels is:
Total cost for Total cost for Cost
100 units 150 units Type
Cost type P P
______________________________________________________________________
A 1,5002,250 Variable
B 1,5001,500 Fixed
C 2,0002,250 Semi variable
D 3,2254,644 Semi variable
Required:
Classify each of the above cost types as being usually fixed (F), variable (V) or semi-variable (SV). Kindly send step by step solution

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