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The following is an extract of a cost report for Sally Furniture Services (SFS) for three months from March to May. Management considers the activities
The following is an extract of a cost report for Sally Furniture Services (SFS) for three months from March to May. Management considers the activities in the SFS business are within the relevant range for the purpose of cost estimation.
Month
No. of Customers
Service cost
March
500
$7,600
April
520
$7,960
May
480
$7,200
The furniture service cost is a:
Select one:
a.Step-fixed cost
b.Semi-variable (or mixed) cost
c.Fixed cost
d.Variable cost
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