Which of the following is not an example of a variable cost for a manufacturer of bicycles?
A)Number of tires
B)Gallons of paint
C)Wages for factory workers
D)President of the company's salary

Question

Quizplus · Accepted Answer

The president of the company's salary is a fixed cost, as it does not vary with the level of production. Variable costs are costs that change in proportion to the level of production, such as the number of tires or gallons of paint used, or the wages for factory workers.

Which of the Following Is Not an Example of a Variable