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What type of cost is vehicle maintenance

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Reference no: EM132970516

Expenditure for your business on vehicle maintenance is projected to be as follows for the next year:

£300,000 if income is £0

£300,000 if income is £1,000,000

£300,000 if income is £2,000,000

£600,000 if income is £3,000,000

£600,000 if income is £4,000,000

£600,000 if income is £5,000,000

£900,000 if income is £6,000,000

Problem 1: What type of cost is vehicle maintenance, from the perspective of cost behaviour?

Select one:

a. A semi-fixed cost

b. A step fixed cost

c. A variable cost

d. A semi-variable cost

Reference no: EM132970516

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