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Mabel Company leases a delivery truck. The contract calls for Mabel to pay $4,000 per...

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Accounting

  1. Mabel Company leases a delivery truck. The contract calls for Mabel to pay $4,000 per month plus $0.07 per mile for 48 months. The lease cost is an example of a
    1. Fixed cost
    2. Variable cost
    3. Mixed cost
    4. Step cost
    5. None of the above

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