Total costs include all of the following except
A)equipment purchase price.
B)rent.
C)salaries.
D)output purchase price.
E)materials.

Question

Quizplus · Accepted Answer

Output purchase price is not a cost incurred by the business, but rather a source of revenue. All of the other options (equipment purchase price, rent, salaries, and materials) are costs that a business may need to incur in order to operate.

Total Costs Include All of the Following Except