Rymore Company Would Like to Classify the Following Costs According

question 96

Multiple Choice

Rymore Company would like to classify the following costs according to their cost behaviour:
$\begin{array}{|l|r|r|}\hline & \text { July } & \text { August } \\\hline \text { Sales in Units } & 1,500 & 1,600 \\\hline \text { Cost A } & \$ 35,000 & \$ 36,000 \\\hline \text { Cost B } & 16,000 & 16,000 \\\hline \text { Cost C } & 67,500 & 72,000 \\\hline\end{array}$


-Which of the following classifications best describes the behaviour of Cost B?

• A) Mixed.
• B) Variable.
• C) Fixed.
• D) Opportunity cost.

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Definitions:

Proposition

A statement that expresses a concept that can either be true or false.

Converse

In logic, the condition obtained by swapping the hypothesis and conclusion of a conditional statement.

Propositions

Proclamations or claims that articulate an evaluation or belief, which may be true or untrue.

Complement

The set or amount that completes something, often used in mathematics to refer to the set of elements not in a given set.