Question

weJackson Problem IV -Cost Behavior Match each of the following cost to the appropriate category of varable, fived, or mised. Each category can be used more than once or none at all. Recerd aRSwers on the sCentron sheet ia rews 7to A Version B 10 points 8 minutes A. Variable Cost B. Fixed Cost C. Mixed Cost Hughes Company manufactures a single product. Anmual production costs incured in the manufacturing process are shown below for the production of 2,000 units and 4,000 units. Costs Incurred Production in Units Production Costs 2.000 4.000 71. Utilities 1,000 1,700 72. Rent 3,000 3,000 73. Direct Materials $ 4,000 $ 8,000 74. Indirect Labor 8,400 4,200 75. Maintenance 900 1,600 Hughes Company has prepared the following cost-volume-profit graph: UNITS Instructions For the items listed below, enter to the left of the item, the letter in the graph which best corresponds to the item. Recerd answeers en the scantren sheet in rows 76 to 80. 76. Fixed costs 77.Break-even point 78. Revenues 79. Variable costs 80. Profit

Answer 1

			Cost Type
71)	Utilities		Mixed
72)	Rent		Fixed
73)	Direct Material		Variable
74)	Indirect Labor		Variable
75)	Maintenance		Mixed
76)	Fixed Costs		C
77)	Break even point		A
78)	Revenue		E
79)	Variable cost		D
80)	Profit		B