Fixed operating expenses include all of the following except:

Name: Fixed operating expenses include all of the following except:
Brand: Quizplus
Rating: 4.7 (58 reviews)

Question

Quizplus · Accepted Answer

Fixed operating expenses are expenses that do not change with the level of production or sales, and are necessary for the business to operate regardless of its level of activity. Rent, utilities, and depreciation are examples of fixed operating expenses, but raw materials are not. Raw materials are considered variable costs because they vary with the production output.

Fixed Operating Expenses Include All of the Following Except