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Mixed Cost

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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Variable cost = Difference in shipping cost/ Difference in tons= ...

Solution Summary

This provides the steps to calculate the Mixed Cost