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Following are four series of costs measured at various volume levels. Identify each series as either fixed, variable, mixed, or step-wise. Hint : It can
Following are four series of costs measured at various volume levels. Identify each series as either fixed, variable, mixed, or step-wise. Hint: It can help to graph each cost series.
Volume (Units) | Series A | Series B | Series C | Series D |
---|---|---|---|---|
0 | $ 1,140 | $ 0 | $ 5,140 | $ 2,640 |
400 | 1,140 | 3,740 | 5,140 | 3,240 |
800 | 2,280 | 7,480 | 5,140 | 3,840 |
1,200 | 2,280 | 11,220 | 5,140 | 4,440 |
1,600 | 3,420 | 14,960 | 5,140 | 5,040 |
2,000 | 3,420 | 18,700 | 5,140 | 5,640 |
2,400 | 4,560 | 22,440 | 5,140 | 6,240 |
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