Answered: Which of the following costs are…

Which of the following costs are variable? Cost 2,000 UNITS 2,500 UNITS 1 P 100,000 P 125,000 2 40,000 75,000 3 80,000 100,000 4 60,000 60,000 a. 1 and 2 b. 1,2 and 3 c. 1 and 3 d. 1 and 4

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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Question

Which of the following costs are variable?

Cost	2,000 UNITS	2,500 UNITS
1	P 100,000	P 125,000
2	40,000	75,000
3	80,000	100,000
4	60,000	60,000

a. 1 and 2
b. 1,2 and 3
c. 1 and 3
d. 1 and 4

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