_____________ costs are a function of quantity sold, not time. None of the above clone of prior item.
A)fixed
B)semi-variable
C)operating
D)semi-fixed
E)none of the above

Question

Quizplus · Accepted Answer

The options provided in the question do not accurately describe a cost that is a function of quantity sold, but not time. Fixed costs are not affected by the level of production or sales, but rather remain constant over a certain period. Semi-variable costs have a fixed component and a variable component that changes with production levels or sales. Operating costs refer to expenses related to day-to-day business activities, which can include both fixed and variable costs. Semi-fixed costs are costs that can fluctuate within a certain range, but are fixed within that range. Therefore, none of the above options accurately describes a cost that is a function of quantity sold, but not time.

_____________ Costs Are a Function of Quantity Sold, Not Time