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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
units units Type
Cost type P P
A Variable
B Fixed
C Semi variable
D Semi variable
Required:
Classify each of the above cost types as being usually fixed F variable V or semivariable SV Kindly send step by step solution
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