Consider the Following Cost Data for the Cost Object; Number

question 6

Multiple Choice

Consider the following cost data for the cost object; number of machine setups. Each set of costs (A, B, and C) is from a different type of manufacturing operation and represents the cost behaviour for the cost of that company's machine setups. Number of
Machine Setups Cost A Cost B Cost C
0 $ 0 $80 $ 5
10 20 79 37
20 40 82 66
30 60 78 91
40 80 81 123
50 100 79 154
Cost C is best described as:

• A)Fixed
• B)Variable
• C)Mixed
• D)Indirect

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Definitions:

Organisation

A structured group of people working together towards common goals, often within an established framework of roles and responsibilities.

Diversity-Mature

An organizational state or condition where diversity is fully integrated, embraced, and leveraged for competitive advantage, indicating a high level of maturity in managing and valuing diversity.

Personal Responsibility

The accountability individuals have for their actions and decisions, recognizing the impact they have on themselves and others.

Diversity Concepts

Ideas and principles that encompass understanding, accepting, and valuing differences among people, including those related to culture, race, ethnicity, gender, and sexual orientation.