Cost information for Tobermory Corporation is as follows: Direct materials Rent expense Based on this information: Multiple Choice 1, 000 units of output 2,000 units of output Total $ 4,000 $ 2,000 Cost/Unit $ 4.00 $ 2.00 Total $ 8,000 $ 2,000 Both direct materials and rent expense are variable costs. Direct materials is a fixed cost and rent expense is a variable cost. Cost/Unit $ 4.00 $ 1.00

Cost information for Tobermory Corporation is as follows: Based on this information: Multiple Choice Both direct materials and rent expense are variable costs. Direct materials is a fixed cost and rent expense is a variable cost. Bath direct materials and rent expense are variable costs. Direct materiais is a fred cost and rent exponse is a variable cost. Both direct materials and rent expense are foxed costs. Direct materiais is a variable cost and ront expense is a fixod cost. Both direct materials and rent expense ore mixed costs