A cost is described as staying the same over a certain activity range and then increasing but remaining stable over a revised activity range in the short term. What type of cost is this?? A semi-variable cost|A stepped fixed cost|A variable cost|A fixed cost
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- What type of cost is supervisor salary costs, where one supervisor is needed for every ten employees added to the staff? A: A fixed cost B: A variable cost C: A semi-variable cost D: A stepped fixed cost
- What type of cost is supervisor salary cost, where one supervisor is needed for every ten employees added to the staff? ( ) A: Variable cost B: Fixed cost C: Semi-variable cost D: Step cost
- An organisation manufactures a single product. The total cost of making 4,000 units is $20,000 and the total cost of making 20,000 units is $40,000. Within this range of activity the total fixed costs remain unchanged.What is the variable cost per unit of the product?
- A production worker is paid a salary of $650 per month, plus an extra 5 cents for each unit produced during the month. How is this type of labour cost best described? A: A variable cost B: A fixed cost C: A step cost D: A semi-variable cost
- A production worker is paid a salary of $650 per month, plus an extra 5 cents for each unit produced during the month. This labour cost is best described as ( ) A: A step cost B: A fixed cost C: A variable cost D: A semi-variable cost