Use the following information to answer the following Questions

-Refer to the figure above. Line C represents the level of:
A) fixed cost.
B) variable cost.
C) semivariable cost.
D) total cost.
E) mixed cost.

Question

Use the following information to answer the following Questions

-Refer to the figure above. Line C represents the level of:
A) fixed cost. 
B) variable cost. 
C) semivariable cost. 
D) total cost. 
E) mixed cost.

Quizplus · Accepted Answer

Line C represents the level of fixed cost because it remains constant regardless of the level of production or activity.

Use the Following Information to Answer the Following Questions