Question: Dougherty Company employs 20 individuals. Eight employees are paid $12 per hour and the rest are salaried employees paid $3,000 a month. How would total

Dougherty Company employs 20 individuals. Eight employees are paid $12 per hour and the rest are salaried employees paid $3,000 a month. How would total costs of personnel be classified?

a. Fixed cost within relevant range

b. Variable

c. Mixed

d. Variable cost within relevant range


 

Step by Step Solution

3.48 Rating (158 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

To determine how the total costs of personnel would be classified we need to analyze the components ... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Document Format (2 attachments)

PDF file Icon

60617e48da1cb_507.pdf

180 KBs PDF File

Word file Icon

60617e48da1cb_507.docx

120 KBs Word File

Students Have Also Explored These Related Finance Questions!

Related Book