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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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