Many costs are associated with owning a car. Assuming that miles driven is the volume activity, classify

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Many costs are associated with owning a car. Assuming that miles driven is the volume activity, classify each of the following costs associated with car ownership as mainly variable or fixed.
a. Purchase price of the car $25,000
b. Finance charges on car loan
c. Gas
d. Oil changes every 5,000 miles
e. Replacement tires
f. Insurance costs of $100 per month
g. License plate/registration of $200 per year
h. SiriusXM Radio subscription cost
i. Car washes (one per week)
j. Monthly parking fees for work lot
k. Traffic violation ticket
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Managerial Accounting

ISBN: 978-0134128528

5th edition

Authors: Karen W. Braun, Wendy M. Tietz

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