Costs incurred regardless of the number of units of a product that are produced or sold are called
A) mixed costs.
B) controllable costs.
C) fixed costs.
D) variable costs.

Question

Quizplus · Accepted Answer

Fixed costs do not change with the level of output or sales. They include expenses such as rent, salaries, and insurance premiums that must be paid regardless of how many units of a product are produced or sold.

Costs Incurred Regardless of the Number of Units of a Product