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Exercise 18-3 Cost behavior identification LO C1 Following are five series of costs A through E measured at various volume levels. Identify each series as
Exercise 18-3 Cost behavior identification LO C1 Following are five series of costs A through E measured at various volume levels. Identify each series as either fixed, variable, mixed, step-wise, or curvilinear. Volume (Units) 0 400 800 1,200 1,600 2,000 2,400 Series A $ 7,700 8,470 9,240 10,523 12,320 17,325 Series B $ 4,400 4,400 5,400 5,400 6,400 6,400 7,400 Series C $ 8,400 8,400 8,400 8,400 8,400 8,400 8,400 Series D $ 4,960 9,920 14,880 19, 840 24,800 29,760 Series E $4,200 4,800 5,400 6,000 6,600 7,200 7,800 Series A Series B Series C Series D Series E Curvilinear cost Step-wise cost Fixed cost Variable cost
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