Asked by
Dakota Colvin
on Dec 15, 2024
Verified
Which of these is a typical example of a fixed cost?
A) taxes
B) raw materials
C) sales commissions
D) executive salaries
E) hourly wages
Fixed Cost
Costs that do not vary with the level of production or sales activities, such as rent or salaries.
- Recognize instances of fixed and variable expenses within a commercial setting.
Verified Answer
EH
Learning Objectives
- Recognize instances of fixed and variable expenses within a commercial setting.