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The following cost formula was developed using monthly data for a retail clothing store: Total cost = $50,000 + ($250 number of customers) The number
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The following cost formula was developed using monthly data for a retail clothing store:
Total cost = $50,000 + ($250 number of customers)
The number $250:
a. is the dependent variable.
b. is the mixed rate.
c. is the variable rate.
d. is the committed variable.
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