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Summary The Greek Corporation incurs three types of costs (labled as "Cost#101, Cost#102 and Co $7.99   Add to cart
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Summary The Greek Corporation incurs three types of costs (labled as "Cost#101, Cost#102 and Co
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The Greek Corporation incurs three types of costsThe Greek Corporation incurs three types of costs (labled as "Cost#101, Cost#102 and Cost#103) in its manufacturing process. The following table presents total costs for each type of cost for two different production levels: Production quantity...

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  • October 13, 2024
  • 3
  • 2024/2025
  • Summary

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  • 800 10
  • 830 8
  • 982 15
  • 960 4
  • 200 11
  • 970 9
  • 782 15
  • fixed or mixe
  • the greek corporation incurs three types of costsï
  • cost102 and cost103 in its manufacturing proce
  • 960 identify whether each cost is variable

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The Greek Corporation incurs three types of costs (labled as "Cost#101,

Cost#102 and Cost#103) in its manufacturing process. The following table

presents total costs for each type of cost for two different production levels:

Production quantity Cost # 101 Cost #102 Cost # 103 3,800 $10,830 $8,982

$15,960 4,200 $11,970 $9,782 $15,960 Identify whether each cost is variable,

fixed or mixed. The answer choices list the type of cost in order for Cost#101,

Cost#102 and Cost#103. A. Variable Fixed Mixed B. Fixed Variable Fixed C.

Fixed Mixed Variable D. Variable Mixed Fixed E. Fixed Variable Mixed




Answer & Explanation


To determine whether each cost is variable, fixed, or mixed, we need to analyze

how the costs change with the production quantity.


1. Cost #101:


o At 3,800 units: $10,830


o At 4,200 units: $11,970

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