Given the Following Cost Data, What Type of Cost Is

question 87

Multiple Choice

Given the following cost data, what type of cost is shown? $$\begin{array} { | l | l | } \hline { \text { Total Cost } } & \text { Number of Units } \\\hline \$ 8,000 & 1 \\\hline \$ 8,500 & 2 \\\hline \$ 9,000 & 3 \\\hline \$ 9,500 & 4 \\\hline\end{array}$$

• A) mixed cost
• B) variable cost
• C) fixed cost
• D) period cost

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Definitions:

Learning

The process of acquiring new understanding, knowledge, behaviors, skills, values, attitudes, and preferences.

Experience

The knowledge or skill acquired by a period of practical involvement in an activity.

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Synaptic Connections

The junctions through which neurons communicate with each other, transmitting signals via neurotransmitters.