5. Tri-State Food Service operates six fast food restaurants in the Raleigh area. The company pays...
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5. Tri-State Food Service operates six fast food restaurants in the Raleigh area. The company pays rent of $10,000 per year for each shop. The managers of each shop are paid a salary of $3,200 per month and all other employees are paid on an hourly basis. Relative to the number of hours worked, total compensation cost for a particular shop is which kind of cost? A. Variable cost B. Fixed cost C. Mixed cost 5. Tri-State Food Service operates six fast food restaurants in the Raleigh area. The company pays rent of $10,000 per year for each shop. The managers of each shop are paid a salary of $3,200 per month and all other employees are paid on an hourly basis. Relative to the number of hours worked, total compensation cost for a particular shop is which kind of cost? A. Variable cost B. Fixed cost C. Mixed cost
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C Mixed cost EXPLANATION Mixed costs is a cost which have tendecies of bot... View the full answer
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