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Lindsay Company had utilities cost of $170,000 at an output level of 20,000 units. The utilities cost was a mixed cost, and the fixed portion
Lindsay Company had utilities cost of $170,000 at an output level of 20,000 units. The utilities cost was a mixed cost, and the fixed portion was $40,000. What would be the best estimate of total utilities cost at an output level of 40,000 units?
Question 11 options:
| $340,000 | ||||||||
| $300,000 | ||||||||
| $250,000 | ||||||||
| $260,000
What is a mixed cost?
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