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Select cost information for Gott Corporation is as follows: Total cost at 500 units of output Total cost at 750 units of output Cost A

Select cost information for Gott Corporation is as follows:

Total cost at 500 units of output

Total cost at 750 units of output

Cost A

$3,250

$4,250

Cost B

$15,000

$22,500

Cost C

$8,250

$8,250

Based on this information, which of the following best describes costs A, B, and C?

a.

Cost A is a mixed cost; Cost B is a mixed cost; Cost C is a fixed cost

b.

Cost A is a variable cost; Cost B is a mixed cost; Cost C is a fixed cost

c.

Cost A is a mixed cost; Cost B is a variable cost; Cost C is a fixed cost

d.

Cost A is a variable cost; Cost B is a variable cost; Cost C is a fixed cost

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