Which of these would be considered a fixed cost?
A) Cost of fuel for a transport company.
B) Laundry costs to wash towels used by a hairdresser.
C) Insurance premium.
D) Materials used in production.
Correct Answer:
Verified
Q8: Variable costs are best defined as:
A)varying from
Q9: Which of the following is an example
Q10: How is the break-even point best defined?
A)total
Q11: How are fixed costs best defined?
A)as fixed
Q12: As output increases, variable costs per unit
Q14: What does an operating loss indicate?
A)sales are
Q15: Sand Art sells ceramic pots. The pots
Q16: The method that can be used to
Q17: How is the break-even point represented graphically?
A)the
Q18: The term 'relevant range,' means the range:
A)over
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