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Define an investment cost. Classify each of the following cost items as mostly fixed or variable: Raw materials, Direct labor, Supplies, Utilities, Property taxes, administrative

Define an investment cost.
Classify each of the following cost items as mostly fixed or variable:
Raw materials, Direct labor, Supplies, Utilities, Property taxes, administrative salaries, Payroll
Taxes, Insurance Building and Equipment, Clerical salaries, Sales commissions, Rent, Interest on
borrowed money.
Illustrate with the aid of a diagram a typical break-even chat with price (p) a constant.
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