Accounting MCQ Accounting Richard Hamilton has a fast-food franchise and must pay a franchise fee of $35,000 plus 3% of gross sales. In terms of cost behavior, the fee is a:

Richard Hamilton has a fast-food franchise and must pay a franchise fee of $35,000 plus 3% of gross sales. In terms of cost behavior, the fee is a:

Naim 17:06 Accounting

Richard Hamilton has a fast-food franchise and must pay a franchise fee of $35,000 plus 3% of gross sales. In terms of cost behavior, the fee is a:

A. variable cost.
B. fixed cost.
C. step-fixed cost.
D. semivariable cost.
E. curvilinear cost.

Answer: D. semi variable cost.

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Accounting MCQ

Richard Hamilton has a fast-food franchise and must pay a franchise fee of $35,000 plus 3% of gross sales. In terms of cost behavior, the fee is a:

Richard Hamilton has a fast-food franchise and must pay a franchise fee of $35,000 plus 3% of gross sales. In terms of cost behavior, the fee is a:

Learn More :

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