Fixed costs depend on:
A)the amount of resources used.
B)the amount of resources acquired.
C)the volume of production.
D)the volume of sales.

Question

Quizplus · Accepted Answer

Fixed costs are costs that do not change with the level of output or sales. They are associated with the acquisition of resources (such as property, plant, and equipment) needed to produce goods or services, regardless of the volume of production or sales.

Fixed Costs Depend On