Indirect materials would likely be classified as fixed costs.

Question

Quizplus · Accepted Answer

Indirect materials are materials that are not directly used in the production of a product, such as office supplies or cleaning materials. These expenses are typically classified as variable costs, as they vary with the level of production or sales. Fixed costs, on the other hand, are expenses that remain the same regardless of the level of production or sales, such as rent or salaries.

Indirect Materials Would Likely Be Classified as Fixed Costs