Which of the following is an example of a mixed cost behavior? a. A rental van charges $50 / day for the first 100 miles, and $0.42 per mile beyond 100 miles. b. A piece of equipment can be leased for a year for a fee of $14,000 regardless of how many hours it is operated. c. A vacation home charges $250 per day regardless of the number of occupants. d. A local utility charges $0.14 per kilowatt-hour of energy consumed.

Which of the following is an example of a mixed cost behavior? a. A rental van charges $50 / day for the first 100 miles, and $0.42 per mile beyond 100 miles. b. A piece of equipment can be leased for a year for a fee of $14,000 regardless of how many hours it is operated. c. A vacation home charges $250 per day regardless of the number of occupants. d. A local utility charges $0.14 per kilowatt-hour of energy consumed.

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter2: Building Blocks Of Managerial Accounting

Section: Chapter Questions

Problem 11EB: Able Transport operates a tour bus that they lease with terms that involve a fixed fee each month...

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