Question: 5. Differentiate between fixed cost and variable cost. And also segregate the following cost. [4+5+1] Machine expenses Machine hours (R.S.) 40 1800 45 1950 50

 5. Differentiate between fixed cost and variable cost. And also segregate

5. Differentiate between fixed cost and variable cost. And also segregate the following cost. [4+5+1] Machine expenses Machine hours (R.S.) 40 1800 45 1950 50 2100 55 2250 60 2400 Required: i. Segregation of semi-variable cost using least square method. ii. Flexible budget for 80 and 100 machine hours

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