Question: 5. Consider the following cost data for the cost object, number of machine setups. Each set of costs (A, B, and C) is from a
5. Consider the following cost data for the cost object, number of machine setups. Each set of costs (A, B, and C) is from a different type of manufacturing operation and represents the cost behaviour for the cost of that company's machine setups. Number of Machine Setups CostA CostB Cost $80 79 82 78 81 79 10 20 30 20 37 91 123 154 100 Cost B is best described as: a) Fixed b) Variable c) Mixed d) Discretionary Answer:ta Difficulty: Easy Learning Objective: Describe the different types of cost behaviour CPA: Management Accounting/Problem-Solving and Decision-Making Bloomcode: Application 96. Consider the following cost data for the cost object; number of machine setups. Each set of costs (A, B, and C) is from a different type of manufacturing operation and represents the cost behaviour for the cost of that company's machine setups Number of Machine Setups CostA Cost $80 79 37 10 78 81 79 123 154 100 Cost C is best described as: a) Fixed b) Variable c) Mixed d) Indirect Answer:c Difficulty: Easy Learning Objective: Desoribe the different types of cost behaviour CPA: Management ng and Decision-Making
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