Rent,electricity and executive salaries are examples of ________ costs.
A)fixed
B)variable
C)total
D)accumulated
E)marketing

Question

Quizplus · Accepted Answer

Fixed costs are those that do not change with the level of production or sales, and remain constant regardless of output or sales volume. Rent, electricity and executive salaries are all fixed costs as they do not vary with the level of production or sales.

Rent,electricity and Executive Salaries Are Examples of ________ Costs