_______ are those costs which are directly tied to the manufacturing of a product,or the delivery of a service,depending on the type of business being assessed.
A) Fixed costs
B) Semi-fixed costs
C) Variable costs
D) Indirect costs
E) Stable costs

Question

Quizplus · Accepted Answer

Variable costs are those costs that vary based on the level of production or service delivery. Examples include raw materials, direct labour costs, and utilities directly related to production. These costs are tied to the manufacturing of a product or delivery of a service, making it the best choice for the given question.

_______ Are Those Costs Which Are Directly Tied to the Manufacturing