Monthly production costs in Dilts Company for two levels of production are as follows. Cost 2,000 Units 4,000 Units Indirect labor $10,000 $20,000 Supervisory salaries 5,000 5,000 Maintenance 4,000 6,000 Indicate which costs are variable, fixed, and mixed. Indirect labor select a type of costs Supervisory salaries select a type of costs Maintenance select a type of costs

Indirect Labor - Variable Cost

This is a Variable cost as it changes alone with the production quantity. At 2,000 units the Indirect labor costs were $10,000 and at 4,000 units that figure had gone up to $20,000.

Supervisory Salaries - Fixed Costs

These salaries are a fixed cost because fixed costs do not change with production quantity and neither did these. When quantity produced was 2,000 units, these salaries were $5,000 and this did not change even when production quantity went up to 4,000 units.

Maintenance Salaries - Mixed Costs

Mixed costs have elements of both fixed and variable costs. The Maintenance cost per unit here is;

= (6,000 - 2,000) / ( 4,000 - 2,000)

= $2 per unit

Cost when units are 2,000 using the $2 per unit rate is indeed $4,000. However if the $2 per unit was multiplied with 4,000 units, the cost should be $8,000 instead it is $6,000. It is therefore a mixed cost.

i tried to get the answer but i could not find it

hi,

henry is an economist and wants to understand the relationship between inflation and consumer spending habits. for his research, he needs the consumer price index for 2014 and the inflation rate. based on the prices of goods given, what will he find to be the cpi and inflation rate for 2014? assume that a consumer’s basket for three consecutive years consists of the following:

you dont privide answer choices.

answer - 15% of a inflatation rate is 15% less in cpi