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QUESTION 1 A. The following are the cost items related to baking and selling cakes. Cost Behaviour 1 II. III . V. VI. VII. VIII
QUESTION 1 A. The following are the cost items related to baking and selling cakes. Cost Behaviour 1 II. III . V. VI. VII. VIII IX X Cost items Self-rising flour Brown sugar Eggs Baking Powder Electricity expenses Monthly salary of baker Monthly salary of Cashier Telephone expenses Depreciation of oven Monthly shop rental Required: Classify the above cost according to its behaviour (fixed cost, variable cost, and semi- variable cost)
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