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Question 14 2 pts Based on the following cost data, items labeled (Ice) and (Fire) in the table below are which of the following amounts,
Question 14 2 pts Based on the following cost data, items labeled (Ice) and (Fire) in the table below are which of the following amounts, respectively? Production Total cost: Product Ice Total Cost: Product Fire 10 units $100 ? 100 units $1,000 ? 1,000 units $10,000 ? Production Cost per Unit: Product Ice Cost per Unit: Product Fire 10 units ? $10,000 $1,000 100 units ? 1,000 units ? $100 O Product Ice is a fixed cost and Product Fire is a variable cost O Product Ice and Product Fire are both variable costs O Product Ice and Product Fire are both mixed costs Product Ice is a variable cost and Product Fire is a fixed cost
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