Shannon Vale is considering the start-up of a service company. She has compiled information on costs as follows: With the cost data provided, determine the fixed costs and variable cost per km.
A) Fixed costs: $4425; Variable costs: $1.031
B) Fixed costs: $5,186; Variable costs: $0.818
C) Fixed costs: $6,200; Variable costs: $0.966
D) Fixed costs: $5,726; Variable costs: $0.952
E) Fixed costs: $7,752; Variable costs: $1.048

Question

Shannon Vale is considering the start-up of a service company. She has compiled information on costs as follows:  With the cost data provided, determine the fixed costs and variable cost per km.
A) Fixed costs: $4425; Variable costs: $1.031 
B) Fixed costs: $5,186; Variable costs: $0.818 
C) Fixed costs: $6,200; Variable costs: $0.966 
D) Fixed costs: $5,726; Variable costs: $0.952 
E) Fixed costs: $7,752; Variable costs: $1.048

Quizplus · Accepted Answer

The Answer of Shannon Vale is considering the start-up of a service company. She has compiled information on costs as follows:  With the cost data provided, determine the fixed costs and variable cost per km.
A) Fixed costs: $4425; Variable costs: $1.031 
B) Fixed costs: $5,186; Variable costs: $0.818 
C) Fixed costs: $6,200; Variable costs: $0.966 
D) Fixed costs: $5,726; Variable costs: $0.952 
E) Fixed costs: $7,752; Variable costs: $1.048

Shannon Vale Is Considering the Start-Up of a Service Company