Which of the following is likely to be a fixed cost

Name: Which of the following is likely to be a fixed cost
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Depreciation is a fixed cost as it represents the decline in the value of an asset over a period of time due to wear and tear, obsolescence or other factors. It remains the same regardless of the production or sales level. Materials (A), commissions (B), and direct labor (D) are variable costs as they increase or decrease based on the level of production or sales.

Which of the Following Is Likely to Be a Fixed