Question
Quincy Corporation observed the following behavior in sales and a cost over the past few years: behavior in sales and a cost Sales and Cost
Quincy Corporation observed the following behavior in sales and a cost over the past few years:
| behavior in sales and a cost | ||||
| Sales and Cost | Year 1 | Year 2 | Year 3 | Year 4 |
| Unit Sales | 1,000 | 1,500 | 2,000 | 3,000 |
| Total Sales | $1,000 | $1,500 | $2,000 | $3,000 |
| Cost | $500 | $500 | $500 | $500 |
Based on this relationship would you say this cost is fixed, variable, mixed, or stepped? Why?
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The Legal Environment Today Summarized Case Edition
Authors: Roger LeRoy Miller
8th Edition
130526276X, 978-1305279407, 1305279409, 978-1305704930, 1305704932, 978-1305262768
