The following information was collected for one of the costs at Demetra Manufacturing Corporation over the past two years:
Assuming that there has been no change in the cost structure over the last two years and this activity is within the relevant range, this cost at Demetra would best be described as a:
A) fixed cost
B) mixed cost
C) step-variable cost
D) true variable cost

Question

The following information was collected for one of the costs at Demetra Manufacturing Corporation over the past two years: 
Assuming that there has been no change in the cost structure over the last two years and this activity is within the relevant range, this cost at Demetra would best be described as a:
A) fixed cost 
B) mixed cost 
C) step-variable cost 
D) true variable cost

Quizplus · Accepted Answer

The Answer of The following information was collected for one of the costs at Demetra Manufacturing Corporation over the past two years: 
Assuming that there has been no change in the cost structure over the last two years and this activity is within the relevant range, this cost at Demetra would best be described as a:
A) fixed cost 
B) mixed cost 
C) step-variable cost 
D) true variable cost

The Following Information Was Collected for One of the Costs