The following is the behavior of Cost A: Units Average Produced Cost per Unit 500 1000 2000 3000 $4 $3 $3 $3 Which of the following statements most likely describes the behavior of Cost A? O a. Cost A is always inside of the relevant range of production. O b. Cost A is a fixed cost and 500 units is outside of the relevant range of production with respect to Cost A. O c. Cost A is a variable cost and 500 units is outside of the relevant range of production with respect to Cost A d. One is unable to gain any insight on the behavior of Cost A from the given information.

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Manufacturing Costs

Manufacturing cost is the total cost of procuring or producing a product. In other words, the manufacturing cost is the cost that an individual or business owner undertakes for the manufacturing of goods.