Raw materials used in the manufacturing process are generally classified as fixed costs.In contrast,property taxes are classified as variable costs.

Question

Quizplus · Accepted Answer

Raw materials used in the manufacturing process are typically classified as variable costs because they vary with the level of production. Property taxes, on the other hand, are fixed costs as they do not vary with the level of production but remain constant regardless of the amount of output.

Raw Materials Used in the Manufacturing Process Are Generally Classified