Fill in the blanks. An example of a fixed cost is ________ .
Question
Solution 1
Understanding Fixed Costs
-
Definition: Fixed costs are expenses that do not change with the level of output or sales. They remain constant regardless of a business's production or sales activities.
-
Common Examples: These costs can include:
- Rent or lease payments for office or Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI
Similar Questions
Fill in the Blank QuestionFill in the blank question.A cost includes both fixed and variable components.
When preparing a flexible budget, variable costs are expressed as a constant amount _____, and fixed costs are expressed as a constant amount _____.
____ are also known as direct costs A. average variable costs B. average fixed costs C. variable costs D. total fixed costs
As output increases, fixed cost per unit:Group of answer choicesremains constant.increases.equals to fixed costs.decreases.
Which of the following costs remains constant within a relevant range of activity?Group of answer choicesvariable costsmixed costsfixed costsproduction costs
Upgrade your grade with Knowee
Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.