Mixed cost: The mixed cost can be defined as the cost which has the element of both the variable cost and the fixed cost. The total mixed cost is calculated as – Total mixed cost (at a level of units sold) = Variable cost per unit X Total units sold + Fixed Cost To determine: Total cost of water for 7,000 gallons, 10,000 gallons and 13,000 gallons.

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Chapter 22, Problem E22.31E

To determine

Mixed cost:

The mixed cost can be defined as the cost which has the element of both the variable cost and the fixed cost.

The total mixed cost is calculated as –

Total mixed cost (at a level of units sold) = Variable cost per unit X Total units sold + Fixed Cost

To determine:

Total cost of water for 7,000 gallons, 10,000 gallons and 13,000 gallons.

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