Thursday, June 23, 2011

Dougherty Company employs 20 individuals

ACCOUNTING

Multiple Choice

Dougherty Company employs 20 individuals. Eight employees are paid $12 per hour and the rest are salaried employees paid $3,000 a month. How would total costs of personnel be classified?

a. Variable

b. Mixed

c. A variable cost within a relevant range

d. A fixed cost within a relevant range

Click here for the SOLUTION

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