Identify each of the following costs, incurred monthly by Furman Flower Cart, as fixed, variable, or mixed.
Question:
Identify each of the following costs, incurred monthly by Furman Flower Cart, as fixed, variable, or mixed. Explain your reasoning.
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Bouquets Sold 2,000 4,000 6,000 $ 5,000 $ 6,000 $12,000 $15,000 $ 1,500 $10,000 $ 6,000 $24,000 Balloons (10 per bouquet) $15,000 $ 6,000 $36,000 $29,000 $ 1,500 Insurance Delivery Employee compensation Advertising $23,000 $ 1,500
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Answer Reasoning Balloons variable The total cost increases as activity increases and ...View the full answer
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