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You are considering moving off campus. You have found a one-bedroom apartment very near campus that ...
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You are considering moving off campus. You have found a one-bedroom apartment very near campus that ...
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 Roommates
Total Cost
Cost per Person
1
$ 600
$600
2
1,200
600
3
1,800
600
This is an example of a
▸ fixed cost.
▸ step cost.
▸ variable cost.
▸ mixed cost.
Textbook
Managerial Accounting
Edition:
4
th
Author:
Davis
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variable cost.
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This calls for a celebration
ethom947
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Just got PERFECT on my quiz
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Thank you, thank you, thank you!
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