Help Save & Exit Exercise 2-8A Fixed versus variable cost behavior LO 2-1 sors.

Question

Help Save & Exit Exercise 2-8A Fixed versus variable cost behavior LO 2-1 sors. The shirts cost $10 each. Any Vernon Entertainment sells souvenir T-shirts at each rock concert that It spon excess shirts can be returned to the manufacturer for a full refund of the purchase price shirt . The sales price is s20 per e wnat are the total cost of shirts and cost per shirt if sales amount to 9.000. 9.500. 10.000 10.500. or 11.0002 b. Is the cost of T-shirts a fixed or a variable cost? shirt if sales amount to s.oo0. 9,soo. 10.000, 10.s00, or 11.0007 1of8 ?Next >

Explanation / Answer

$9,000 9500 10000 10500 11000 Sales` 450 475 500 525 550 9000/20 9500/20 10000/20 10500/20 11000/20 Cost per T shirt is $10 Variable Variable Variable Variable Variable It is a variable cost If any doubt please comment

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