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Wilco Inc. produces a product that has 3 different costs (Cost 1, Cost 2 , and Cost 3 ) which are listed below. The per

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Wilco Inc. produces a product that has 3 different costs (Cost 1, Cost 2 , and Cost 3 ) which are listed below. The per unit costs for these 2 are shown at different levels of activity. Based on the data in the chart above, identify each type of cost. Cost 1: Fixed; Cost 2: Variable; Cost 3: Variable Cost 1: Variable; Cost 2: Fixed; Cost 3: Mixed (Semi-variable) Cost 1: Variable: Cost 2: Fixed; Cost 3: Fixed Cost 1: Fixed; Cost 2: Variable; Cost 3: Mixed (Semi-variable)

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