Using account analysis, what type of cost is the rental of a space at $2,000 per month?
A) Fixed
B) Mixed
C) Step
D) Variable

Name: Using account analysis, what type of cost is the rental of a space at $2,000 per month? A) Fixed B) Mixed C) Step D) Variable
Brand: Quizplus
Rating: 4.8 (40 reviews)

Question

Quizplus · Accepted Answer

The rental cost of $2,000 per month is a fixed cost, as it remains constant regardless of the level of activity or volume of production. It does not change with the increase or decrease in the number of units produced or sold.

Using Account Analysis, What Type of Cost Is the Rental