Mathematics · Cost Accounting
A production worker is paid a base salary of $650 per month, plus an extra 5 cents for each unit produced during the month. How is this type of labor cost best described?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1A semi-variable cost✓
- 2A step cost
- 3A fixed cost
- 4A variable cost
Correct answer
A semi-variable cost
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