Question: The following cost formula was developed using monthly data for a retail clothing store: Total cost = $50,000 + ($250 number of customers) The number

  1. The following cost formula was developed using monthly data for a retail clothing store:

    Total cost = $50,000 + ($250 number of customers)

    The number $250:

    a.

    is the dependent variable.
    b.

    is the mixed rate.
    c.

    is the variable rate.
    d.

    is the committed variable.

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