Variable cost is the cost which remains constant per unit of output or services. It increases in direct proportion to the level of activity. Fixed cost is the cost which remains constant in totality at each level of activity. Indirect cost is the cost which cannot be directly attributed to the production of specific goods or services such as administrative expenses. Direct cost is the cost which can be directly attributed to the production of specific goods or services. In the question we have given the cost of holding classes. We have to classify the cost as Either variable or fixed Either direct or indirect

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Answer 1

Question

Chapter 18, Problem 3E

To determine

Variable cost is the cost which remains constant per unit of output or services. It increases in direct proportion to the level of activity.

Fixed cost is the cost which remains constant in totality at each level of activity.

Indirect cost is the cost which cannot be directly attributed to the production of specific goods or services such as administrative expenses.

Direct cost is the cost which can be directly attributed to the production of specific goods or services.

In the question we have given the cost of holding classes.

We have to classify the cost as

Either variable or fixed

Either direct or indirect

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Answer 2

Question

Chapter 18, Problem 3E

To determine

Variable cost is the cost which remains constant per unit of output or services. It increases in direct proportion to the level of activity.

Fixed cost is the cost which remains constant in totality at each level of activity.

Indirect cost is the cost which cannot be directly attributed to the production of specific goods or services such as administrative expenses.

Direct cost is the cost which can be directly attributed to the production of specific goods or services.

In the question we have given the cost of holding classes.

We have to classify the cost as

Either variable or fixed

Either direct or indirect

Expert Solution & Answer

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Check out a sample textbook solution

See solution

Answer 3

Question

Chapter 18, Problem 3E

To determine

Variable cost is the cost which remains constant per unit of output or services. It increases in direct proportion to the level of activity.

Fixed cost is the cost which remains constant in totality at each level of activity.

Indirect cost is the cost which cannot be directly attributed to the production of specific goods or services such as administrative expenses.

Direct cost is the cost which can be directly attributed to the production of specific goods or services.

In the question we have given the cost of holding classes.

We have to classify the cost as

Either variable or fixed

Either direct or indirect

Expert Solution & Answer

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Check out a sample textbook solution

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Answer 4

Question

Chapter 18, Problem 3E

To determine

Variable cost is the cost which remains constant per unit of output or services. It increases in direct proportion to the level of activity.

Fixed cost is the cost which remains constant in totality at each level of activity.

Indirect cost is the cost which cannot be directly attributed to the production of specific goods or services such as administrative expenses.

Direct cost is the cost which can be directly attributed to the production of specific goods or services.

In the question we have given the cost of holding classes.

We have to classify the cost as

Either variable or fixed

Either direct or indirect

Expert Solution & Answer

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Check out a sample textbook solution

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Answer 5

Chapter 18, Problem 3E

To determine

Variable cost is the cost which remains constant per unit of output or services. It increases in direct proportion to the level of activity.

Fixed cost is the cost which remains constant in totality at each level of activity.

Indirect cost is the cost which cannot be directly attributed to the production of specific goods or services such as administrative expenses.

Direct cost is the cost which can be directly attributed to the production of specific goods or services.

In the question we have given the cost of holding classes.

We have to classify the cost as

Either variable or fixed

Either direct or indirect

Answer 6

Chapter 18, Problem 3E

To determine

Variable cost is the cost which remains constant per unit of output or services. It increases in direct proportion to the level of activity.

Fixed cost is the cost which remains constant in totality at each level of activity.

Indirect cost is the cost which cannot be directly attributed to the production of specific goods or services such as administrative expenses.

Direct cost is the cost which can be directly attributed to the production of specific goods or services.

In the question we have given the cost of holding classes.

We have to classify the cost as

Either variable or fixed

Either direct or indirect

Answer 7

Chapter 18, Problem 3E

To determine

Variable cost is the cost which remains constant per unit of output or services. It increases in direct proportion to the level of activity.

Fixed cost is the cost which remains constant in totality at each level of activity.

Indirect cost is the cost which cannot be directly attributed to the production of specific goods or services such as administrative expenses.

Direct cost is the cost which can be directly attributed to the production of specific goods or services.

In the question we have given the cost of holding classes.

We have to classify the cost as

Either variable or fixed

Either direct or indirect

Answer 8

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Answer 9

Expert Solution & Answer

Answer 10

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Answer 11

Ch. 18 - Prob. 1QS Ch. 18 - Prob. 2QS Ch. 18 - Fixed and variable costs C2 Listed below are...Ch. 18 - Prob. 4QS Ch. 18 - Prob. 5QS Ch. 18 - Prob. 6QS Ch. 18 - Prob. 7QS Ch. 18 - Prob. 8QS Ch. 18 - Prob. 9QS Ch. 18 - Prob. 10QS

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