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You Are Given the Following Cost and Volume Information Which Type of Cost Is Given?
A) Variable
B) Fixed

Question 1

Multiple Choice

You are given the following cost and volume information:
 Volume ( in units )  Total Cost ( in $ ) 200$100040010006001000\begin{array} { c c } \begin{array} { c } \text { Volume } \\(\text { in units }) \end{array} & \begin{array} { c } \text { Total Cost } \\( \text { in \$ }) \end{array} \\\hline 200 & \$ 1000 \\400 & 1000 \\600 & 1000\end{array}
Which type of cost is given?


A) Variable
B) Fixed
C) Mixed
D) Can not be determined

Correct Answer:

verifed

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