A/an ________ is the component of total cost that does not vary with changes in levels of activity.
A)constant
B)intercept
C)mixed cost
D)variable cost
E)cost estimation

Question

Quizplus · Accepted Answer

A constant cost, also known as a fixed cost, does not change with changes in activity level. These costs are incurred regardless of the level of production or sales, such as rent or insurance.

A/an ________ Is the Component of Total Cost That Does