All of the following are considered components of variable costs EXCEPT:
A) Labor
B) Materials
C) Property Taxes
D) Utilities

Question

Quizplus · Accepted Answer

Property taxes are considered to be fixed costs, as they do not vary with the level of production or sales. The remaining options - labor, materials, and utilities - are all examples of variable costs, as they will increase or decrease in proportion to the level of output or sales.

All of the Following Are Considered Components of Variable Costs