McDevitt Company employs six individuals. Each is paid $12.50 per hour. How woul

Question

McDevitt Company employs six individuals.  Each is paid $12.50 per hour.  How would total costs of personnel be classified? (Points : 3)                                           Fixed cost within relevant range
                                        Variable
                                        Mixed
                                        Variable cost within relevant range
                                            
                         

                     The cost function y = 1,000 + 5X (Points : 3)                                           represents a fixed cost.
                                        is a straight line.
                                        has an intercept of five.
                                        has a slope coefficient of 1,000.
                         

Explanation / Answer

Variable cost within relevant range

has an intercept of five.

Industrial engineering

$436,000

alternative model.

Evaluation and feedback

differential cost.

$13,500

direct material, direct labor, and variable overhead costs.

maximizing the contribution margin of the nonbottleneck operation.

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