An equipment lease that specifies payment of £1,000 per month plus £5 per machine hour used is an example of a
A)fixed cost.
B)variable cost.
C)mixed cost.
D)step cost.

Question

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The Answer of An equipment lease that specifies payment of £1,000 per month plus £5 per machine hour used is an example of a
A)fixed cost.
B)variable cost.
C)mixed cost.
D)step cost.

An Equipment Lease That Specifies Payment of £1,000 Per Month