Which of the following is not an example of a fixed cost?
A)Cash withdrawal fee from a bank
B)Monthly rent payment
C)Management salary
D)Hourly labor costs

Question

Quizplus · Accepted Answer

Fixed costs are expenses that do not change with the level of production or sales, such as monthly rent payments and management salaries. Hourly labor costs, however, vary depending on the number of hours worked and are considered variable costs, not fixed costs.

Which of the Following Is Not an Example of a Fixed