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Paige Corporation observed that when 25,000 units were sold, a particular cost (Called cost #101) amounted to $75,000. When the volume of sales decreased by
Paige Corporation observed that when 25,000 units were sold, a particular cost (Called cost #101) amounted to $75,000. When the volume of sales decreased by 10%, the total cost for cost # 101 amounted to $67,500. What type of cost is cost # 101?
A. Semi-variable cost
B. Step cost
C. Variable cost
D. Mixed cost
E. Fixed cost
| Paige Corporation observed that when 25,000 units were sold, a particular cost (Called cost #101) amounted to $75,000. When the volume of sales decreased by 10%, the total cost for cost # 101 amounted to $67,500. What type of cost is cost # 101? |
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| B. |
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| C. |
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| D. |
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| E. |
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Financial and Managerial Accounting the basis for business decisions
Authors: Jan Williams, Susan Haka, Mark Bettner, Joseph Carcello
18th edition
125969240X, 978-1259692406
