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"Education is the most powerful weapon which you can use to change the world”
– Nelson Mandela

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Q Choose a publicly traded company and explain fixed variable and mixed cost at its perspective with examples.

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In this case, the chosen company is PepsiCo. The nature of costs can be fixed, variable or even mixed. Fixed cost is a type of cost that remains fixed with the change in the volume of production. In other words, suppose a firm produces 100 units of A and pays $200 as rent of the room where production happens. Under this