Fixed costs are those costs which are directly tied to the manufacturing of a product,or the delivery of a service,depending on the type of business being assessed.

Question

Quizplus · Accepted Answer

Fixed costs are those costs that do not vary with the production or sales volume, such as rent, salaries, insurance, and other overhead costs that are not directly tied to the production or delivery of a product or service.

Fixed Costs Are Those Costs Which Are Directly Tied to the Manufacturing