The Following Data Pertain to Activity and Costs for Two

question 6

Multiple Choice

The following data pertain to activity and costs for two months:
$\begin{array}{|l|r|r|} \hline& \text { October } & \text { November } \\\hline \text { Activity level in units } & 5,000 & 10,000 \\\hline \text { Variable costs } & \$ 10,000 & ? \\\hline \text { Fixed costs } & 30,000 & ? \\\hline \text { Mixed costs } & 20,000 & ? \\\hline \text { Total costs } & \$ 60,000 & \$ 75,000 \\\hline\end{array}$
Assuming that these activity levels are within the relevant range,what were the mixed costs for November?

• A) $20,000.
• B) $25,000.
• C) $35,000.
• D) $40,000.

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Definitions:

Project Deadlines

Specified dates by which a project or task must be completed.

Physically Fit

Being in good health and having the endurance and strength due to regular physical activity.

Nonfinancial Asset

Assets that have value but are not monetary or financial in nature, such as property, equipment, or intellectual property.

Insurance Claims

Requests made to an insurance company for payment based on the terms of an insurance policy following a loss, damage, or occurrence of a covered event.