Current Attempt in Progress

The following information is available for Kingbird Company.

$\backslash$table$[[,$April $1,$April $30],[$Raw materials inventory,$$10,200,$$$14,500$

Note: This problem differs from the print and eTextbook version in the following way:

The print textbook requests a diagram be drawn.

This version of the problem requests a diagram be labeled.

For Wesland Company, a mixed cost is $$15,000$ plus $$18$ per direct labor hour. The following diagram shows the behavior of the fixed cost and total cost using increments of $500$ hours up to $2,500$ hours on the horizontal axis and increments of $$15,000$ up to $$60,000$ on the vertical axis. Select the correct labels for the diagram.

Variable Cost Component

Fixed Cost Component