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Question 1.1.(TCO 3) McDevitt Company employs six individuals. They are each paid $30,000 salary per year. How would total costs of personnel be classified?(Points : 3)
Variable
Fixed cost within relevant range
Mixed
Variable cost within relevant range
Question 2.2.(TCO 3) For January, the cost components of a picture frame include $0.35 for the glass, $0.65 for the wooden frame, and $0.80 for assembly. The assembly desk and tools cost $400. A total of 1,000 frames is expected to be produced in the coming year. What cost function best represents these costs?(Points : 3)
y = 1.80 400X
y = 400 1.80X
y = 2.20 1,000X
y = 1.00 400X