Expense 3 is a O A. Variable cost O B. Mixed cost O C. Fixed cost

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Сорy of
Comparative income statements for Your Company for two months are presented below:
September October
Sales in units
11,000
10,000
Operating Expenses:
Expense 1
$55,800 $50,800
Expense 2
13,200
12,000
Expense 3
22,000
20,000
Expense 4
10,000
$101,500 $92,800
10,500
Total Operating Expenses
Expense 3 is a
O A. Variable cost
O B. Mixed cost
O C. Fixed cost
Transcribed Image Text:Сорy of Comparative income statements for Your Company for two months are presented below: September October Sales in units 11,000 10,000 Operating Expenses: Expense 1 $55,800 $50,800 Expense 2 13,200 12,000 Expense 3 22,000 20,000 Expense 4 10,000 $101,500 $92,800 10,500 Total Operating Expenses Expense 3 is a O A. Variable cost O B. Mixed cost O C. Fixed cost
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