________ costs are also known as overhead.
A) Fixed
B) Variable
C) Target
D) Capital
E) Payroll

Name: ________ costs are also known as overhead. A) Fixed B) Variable C) Target D) Capital E) Payroll
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Question

Quizplus · Accepted Answer

Fixed costs are costs that do not vary with changes in the level of production or sales, such as rent, insurance, and salaries. Overhead is a term used to describe the ongoing expenses of running a business that are not directly tied to creating a product or service, which is synonymous with fixed costs.

________ Costs Are Also Known as Overhead