Posted: September 13th, 2017

Variable, Fixed, and Mixed Costs

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We start working with Excel in this assignment. Begin by creating an Excel workbook and put your name and the title “Unit 6: Variable, Fixed and Mixed Costs” in cell A1.
In Row 3, put the following labels in columns A through E:

Cost
Fixed Cost
Variable Cost
Mixed Cost
Activity Base

Beginning in cell A4, list 10-12 examples of costs incurred by a McDonald’s restaurant. Place an “X” in the column for the appropriate cost classification (Fixed, Variable, or Mixed) for each cost listed (Make sure you have at least one example of each type.) Identify the Activity Base (driver) for each variable cost on your list.

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