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malhi101 malhi101
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A year ago
You are considering moving off campus. You have found a one-bedroom apartment very near campus that is clean and safe. However, you do not want to live alone. A one-bedroom apartment is roomy enough to have one or two roommates. The manager discourages having more than one individual in an apartment and so charges rent per person. The relationship between the number of roommates, the total cost, and the cost per person is:

Number of RoommatesTotal CostCost per Person
1$  600 $600
21,200600
31,800600
This is an example of a

▸ fixed cost.

▸ step cost.

▸ variable cost.

▸ mixed cost.
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
Author:
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IgnesiasIgnesias
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A year ago
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