Which of the following costs is an example of a fixed cost?
A) Direct labor cost
B) Insurance cost
C) Commission paid
D) Capital stock

Name: Which of the following costs is an example of a fixed cost? A) Direct labor cost B) Insurance cost C) Commission paid D) Capital stock
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Question

Quizplus · Accepted Answer

Fixed costs are costs that do not vary with changes in production or sales volume, and insurance is an example of a fixed cost.

Which of the Following Costs Is an Example of a Fixed