In general, in recent times compared to the past, overhead as a percentage of a firm's total costs:
A)has decreased.
B)has remained the same.
C)has increased.
D)cannot tell

Question

Quizplus · Accepted Answer

With the increasing technological advancements, the fixed and variable costs of businesses have decreased, but overhead costs have increased due to increased marketing, advertising, and administrative costs. Therefore, overhead as a percentage of a firm's total costs has increased in recent times compared to the past.

In General, in Recent Times Compared to the Past, Overhead