Which of the following is most likely to be a fixed cost?
A)shipping charges
B)property insurance premiums
C)wages for unskilled workers
D)expenditures for raw materials
E)wages for skilled workers

Question

Quizplus · Accepted Answer

Property insurance premiums are typically a fixed cost because they are a consistent expense regardless of how much or little the business produces. Shipping charges, wages for unskilled and skilled workers, and expenditures for raw materials all tend to vary based on the level of production or sales.

Which of the Following Is Most Likely to Be a Fixed