Indicate the cost category for each of the below : is it a true variable cost , step variable cost, Fix committed cost ,Fix discretionary cost or mixed cost :
1- Cost of lemonade served at lemonade stand.
2- Controller's salary was 20,000 per month.
3- The annual budget included costs of 15,000 $ for the current fiscal year for management training.
4-cost of a monthly cell phone plan costing $ 20for 0-100 MB used, $ 40 for 101 to 300 MB , and $100 for any usage over 301 MB per month.
1- Cost of lemonade served at lemonade stand. ............. True variable cost 2- Controller's salary was 20,000 per... View the full answer