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Atlas Manufacturing typically achieves one of three production levels in any given year: 5 million pounds of steel, 10 million pounds of steel, or 15
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Atlas Manufacturing 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, Atlass controller discovered one cost that was $ 9 per pound at a production level of 5 million pounds, $4.5 per pound at a production level of 10 million pounds, and $3 per pound at a production level of 15 million pounds. This is an example of a
variable cost.
fixed cost.
semivariable cost.
semifixed cost.
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