Dizzy Amusement Park is open from 8:00 am till midnight every day of the year. Dizzy charges its patrons a daily entrance fee of $30 per person which gives them unlimited access to all of the park's 35 rides.Dizzy donates $2 of every entrance fee to a local homeless shelter. This charitable contribution would best be described as a:
A. step-variable cost
B. true variable cost
C. fixed cost
D. mixed cost
Answer: B
You might also like to view...
Which of the following statements related to implementation approaches is false?
a. The parallel approach provides a high level of control. b. In very large implementations, such as enterprise systems, it is often best to take the parallel approach. c. The modular approach can be combined with either of the other two approaches. d. The direct approach is the riskiest of the three approaches.
The key to attracting potential users of a product or service, or even possibly nonusers, is ________
A) understanding the reasons they are not using it B) offering financial incentives for first-time use C) increasing the usage rate of existing users D) developing a new product that better meets their needs E) increasing advertising expenditures
The focus of your attention should go to the members of the audience who are
a. on your side. b. against you. c. undecided. d. uninterested.
When merchandise is returned under the perpetual inventory system, the buyer would credit
A) Merchandise Inventory B) Purchases Returns and Allowances C) Accounts Payable D) depending on the inventory system used.