Terry's T-shirt shop determined that the costs associated with each shirt it sells total $4 per shirt. In 1 month, Terry sells 100 shirts and incurs $400 in costs; the next month, Terry sells 150 shirts and incurs $600 in costs. What is the best way to categorize this cost? 

a.) Mixed cost 

b.) Fixed cost 

c.) Variable cost 

d.) Step cost

Answer rating: 100% (QA)

The best way to categorize this cost is c Variable cost Variable costs are costs that va... View the full answer