If the Malabar Yacht Club expense includes a rent of $2,000 plus a charge of $40...
If the Malabar Yacht Club expense includes a rent of $2,000 plus a charge of $40 per member and the club has 80 members,
Multiple Choice
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fixed costs amount to $2,000 and variable costs amount to $3,200.
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fixed costs amount to $3,200 and variable costs amount to $2,000.
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all costs are fixed.
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all costs are variable.
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cannot be determined.
Homework Answers
Option (A) is correct.
Fixed cost of $2,000
And
Variable cost = 40 per member * $80 per member = $3200
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