Mixed Cost
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The Fisheries company shipped 6,000 tons of halibut at a cost of $5,800 in March, and 9,000 tons for $8,200 in April. Assuming that this activity is within the relevant range, the expected shipping cost for shipping 7,800 tons would be: (Points: 15)
a. $6,510
b. $9,750
c. $6,460
d. $6,420
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This provides the steps to calculate the Mixed Cost
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Variable cost = Difference in shipping cost/ Difference in tons= ...
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