Which of the following would be an example of a fixed cost?
A) the electric and gas bills
B) wages paid to temporary workers
C) property insurance premiums
D) expenditures on imported raw materials

Question

Quizplus · Accepted Answer

Property insurance premiums are a fixed cost as they stay the same regardless of the level of production or sales. The other options are variable costs as they can change with the amount of production or sales.

Which of the Following Would Be an Example of a Fixed