Identify each of the following costs, incurred monthly by Baylor Balloon Bouquets, as fixed, variable, or mixed. Explain your reasoning.
|
Bouquets Sold |
|||
|
5,000 |
7,500 |
10,000 |
|
|
Balloons (10 per bouquet) |
$10,000 |
$15,003 |
$20,030 |
|
Insurance |
$ 5,000 |
$ 5,000 |
Si 5,000 |
|
Delivery |
$ 5,500 |
$ 8,000 |
$10,500 |
|
Employee compensation |
$10,000 |
$13,000 |
$16,000 |
|
Advertising |
$ 1,500 |
$ 1,500 |
$ 1,500 |