Managers can reduce fixed overhead costs by,say,selling equipment or laying off employees.

Name: Managers can reduce fixed overhead costs by,say,selling equipment or laying off employees.
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Fixed overhead costs are expenses that do not change with the level of production or sales, such as rent, insurance, and salaries of permanent employees. Selling equipment or laying off employees would reduce variable costs, not fixed overhead costs.

Managers Can Reduce Fixed Overhead Costs By,say,selling Equipment or Laying