Select cost information for Seacrest Enterprises is as follows: 1,000 units of output 5,000 units of output Total Cost/Unit Total Cost/UnitDirect materials $5,000 $5.00 $25,000 $5.00Utilities expense $1,000 $1.0 0 $3,750 $0.75Rent expense $4,000 $4.00 $4,000 $0.80Based on this information:a. Both direct materials and rent expense are variable costs. b. Utilities expense is a mixed cost and rent expense is a variable cost. c. Utilities expense is a mixed cost and rent expense is a fixed cost. d. Direct materials is a fixed cost and utilities expense is a mixed cost. e. Both direct materials and utilities expense are mixed costs.
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Home » Business » Select cost information for Seacrest Enterprises is as follows: 1,000 units of output 5,000 units of output Total Cost/Unit Total Cost/UnitDirect materials $5,000 $5.00 $25,000 $5.00Utilities expense $1,000 $1.0 0 $3,750 $0.75Rent expense $4,000 $4.