Cost Behavior Cover-to-Cover Company is a manufacturer of shelving for books. The company has compiled the following cost data, and wants your help in determining the cost behavior. After reviewing the data, complete requirements (1) and (2) that follow.
Units Produced Total Lumber Cost Total Utilities Cost Total Machine Depreciation Cost
7,000 shelves $70,000 $9,550 $130,000
14,000 shelves 140,000 17,600 130,000
28,000 shelves 280,000 33,700 130,000
35,000 shelves 350,000 41,750 130,000
Required:
Determine whether the costs in the table are variable, fixed, mixed, or none of these.
Answers: 1
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Cost Behavior Cover-to-Cover Company is a manufacturer of shelving for books. The company has compil...
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