Which of the following expenses would likely be classified "semi-variable"?
A)rent
B)electric utilities
C)wages
D)sales commissions

Question

Quizplus · Accepted Answer

Semi-variable expenses have both fixed and variable components. Electric utilities have a fixed monthly base charge and a variable charge based on usage, making it a semi-variable expense. Rent is typically a fixed expense, while wages and sales commissions are classified as variable expenses.

Which of the Following Expenses Would Likely Be Classified "Semi-Variable