A manufacturing company has four types of cost (identified as T1, T2, T3 and T4). The total
Question:
A manufacturing company has four types of cost (identified as T1, T2, T3 and T4). The total cost for each type at two different production levels is:
Which cost types would be classified as being semi-variable?
(a) T1(b) T2(c) T3(d) T4
Transcribed Image Text:
Total cost for Total cost for 180 units 125 units (£) Cost type (£) T1 1000 1440 T2 1750 2520 ТЗ 2475 2826 T4 3225 4644
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Answer Cost type classified as SemiVariable cost c T3 Explanation Cost Type T1 Variable cost at 125 ...View the full answer
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