Which of the following costs is least likely to be classified as a fixed cost?
A) Factory rent
B) Plant manager salary
C) Direct materials
D) Depreciation on factory building
Correct Answer:
Verified
Q1: In the cost equation, y = $500
Q3: Which of the following is most likely
Q4: _ are costs that change in total
Q5: You are given the following cost and
Q6: Which of the following is least likely
Q7: In the cost equation, y = $500
Q8: As production increases, variable costs per unit
Q9: As production goes up, total variable costs
Q10: As production decreases, variable costs per unit
Q11: As production increases, fixed costs per unit
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