Select the appropriate classification of each of the costs listed below.Each classification may be used more than once, and it is possible that one or more of the classifications may not be used at all.
-Cost of gear shifters, with respect to number of vehicles produced
A)Variable cost
B)Fixed cost

Question

Quizplus · Accepted Answer

The cost of gear shifters will vary based on the number of vehicles produced. As more vehicles are produced, more gear shifters will be required, resulting in a higher total cost. Therefore, this cost is a variable cost.

Select the Appropriate Classification of Each of the Costs Listed