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Author Question: You are considering moving off campus. You have found a one-bedroom apartment very near campus that ... (Read 56 times)

Aimless0988

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on: Feb 5, 2023
You are considering moving off campus. You have found a one-bedroom apartment very near campus that is clean and safe. However, you do not want to live alone. A one-bedroom apartment is roomy enough to have one or two roommates. The manager discourages having more than one individual in an apartment and so charges rent per person. The relationship between the number of roommates, the total cost, and the cost per person is:

Number of RoommatesTotal CostCost per Person
1$  600 $600
21,200600
31,800600
This is an example of a
◦ fixed cost.
◦ step cost.
◦ variable cost.
◦ mixed cost.
Managerial Accounting ¦ Davis ¦ 4th Edition
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Marked as best answer by Aimless0988 on Feb 5, 2023

DevinBrifm

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Reply #1 on: Feb 5, 2023
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Aimless0988

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Reply 2 on: Feb 5, 2023
Thanks for the timely response, appreciate it

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