Question: 2.19 Relevant costs; fixed, variable, and mixed costs Consider the following two cost objects: Q1 1. Purchasing a pizza shop 2. Investing in a fishing

2.19 Relevant costs; fixed, variable, and mixed costs Consider the following two cost objects: Q1 1. Purchasing a pizza shop 2. Investing in a fishing boat REQUIRED: For each of the following costs, determine whether the cost is relevant to running a pizza shop (PS), investing in a fishing boat (FB), or both (B). Also, classify each cost as primarily fixed (F), variable (V), or mixed (M). A. Hourly wages B. Ingredients C. Employee benefits D. Fishing equipment e E. Utilities F. Advertising G. Insurance

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