Select the appropriate classification of each of the costs listed below.Each classification may be used more than once, and it is possible that one or more of the classifications may not be used at all.
-Depreciation of robotic equipment, using a straight-line basis
A)Variable cost
B)Fixed cost

Question

Quizplus · Accepted Answer

Depreciation of robotic equipment is a fixed cost because it does not change with the level of production. Using a straight-line basis means that the same amount of depreciation is recorded each period, regardless of production volume.

Select the Appropriate Classification of Each of the Costs Listed