Which of the following is an example of a fixed cost?
A) Paper used in the manufacture of textbooks.
B) Property taxes paid by a firm to a large city.
C) The wages of part-time workers who are paid $8 per hour.
D) Gasoline consumed by salespersons' cars.
E) Surgical supplies used in a hospital's operating room.
Correct Answer:
Verified
Q64: Fixed costs are costs that:
A) vary directly
Q78: Variable costs are costs that:
A) vary inversely
Q84: The true statement about cost behavior is
Q85: Total costs are $180,000 when 10,000 units
Q86: Dorsett Technologies had finished goods inventory on
Q87: The fixed cost per unit:
A)will increase as
Q88: As activity increases, unit variable cost:
A)increases proportionately
Q90: As activity decreases, unit variable cost:
A)increases proportionately
Q92: The true statement about cost behavior is
Q94: What is the primary trade-off that an
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