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Terry's T-shirt shop determined that the costs associated with each shirt it sells total $4 per shirt. In 1 month, Terry sells 100 shirts and
Terry's T-shirt shop determined that the costs associated with each shirt it sells total $4 per shirt. In 1 month, Terry sells 100 shirts and incurs $400 in costs; the next month, Terry sells 150 shirts and incurs $600 in costs. What is the best way to categorize this cost? a.) Mixed cost b.) Fixed cost c.) Variable cost d.) Step cost
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