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Taran Company incurred the following costs for the months of January and February. Type of Cost January February Insurance $ 5,000 $ 5,000 Utilities 4,000
Taran Company incurred the following costs for the months of January and February.
Type of Cost | January | February |
Insurance | $ 5,000 | $ 5,000 |
Utilities | 4,000 | 5,000 |
Depreciation | 3,500 | 3,500 |
Materials | 10,000 | 20,000 |
From the information above we can assume that
a. | output decreased from January to February. | |
b. | insurance is a mixed cost. | |
c. | output stayed the same from January to February. | |
d. | insurance and depreciation are fixed costs |
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