Identify an example of fixed costs.
A) Consumable supplies costs
B) Printer paper costs
C) Hardware rental charges
D) Telephone charges

Question

Quizplus · Accepted Answer

Fixed costs are expenses that do not vary based on the level of production or sales. Hardware rental charges remain the same regardless of the quantity of units produced or sold. Consumable supplies costs, printer paper costs, and telephone charges are variable costs as they can change with the level of production or sales.

Identify an Example of Fixed Costs