Which of theses 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
Q5: Flower Art has increased its selling price
Q6: If the sales output of a firm
Q6: Which method can be used to separate
Q7: An example of a semi-fixed (semi-variable)cost is:
A)
Q8: If total costs are $80,000 at an
Q9: Flower Art sells ceramic pots.The pots sell
Q10: If total costs are $20,000 at an
Q11: Fixed costs are best defined as:
A) fixed
Q18: The term 'relevant range,' means the range:
A)over
Q20: Semi-fixed costs are best defined as:
A)having both
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