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Question 2 (1 point) Three costs incurred by Pitt Company are summarized below: 1,000 units 2,000 units Cost A $10,000 $15,000 Cost B $21,000 $21,000

Question 2 (1 point)

Three costs incurred by Pitt Company are summarized below:

1,000 units 2,000 units

Cost A $10,000 $15,000

Cost B $21,000 $21,000

Cost C $16,000 $32,000

Which of these costs are variable?

Question 2 options:

A, B, and C

A and B

A only

C only

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Question 3 (1 point)

Bubba's Steakhouse has budgeted the following costs for a month in which 1,600 steak dinners will be produced and sold: Materials, $4,080; hourly labor (variable), $5,200; rent (fixed), $1,540; depreciation, $790; and other fixed costs, $400. Each steak dinner sells for $12.30 each. How much would Shula

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