Rent,interest,and executive salaries are examples of ________.
A) fixed costs
B) variable costs
C) accumulated costs
D) total costs
E) marketing costs

Question

Quizplus · Accepted Answer

Fixed costs are costs that do not change based on the level of production. Rent, interest, and executive salaries are all examples of fixed costs. Variable costs, on the other hand, vary with the level of production. Accumulated costs and total costs are not standard terms in cost accounting, and marketing costs are a type of variable cost.

Rent,interest,and Executive Salaries Are Examples of ________