What is a variable cost for a medical lab?
A)advertising on local radio station
B)leasing lab equipment
C)needles used to draw blood
D)salary of receptionist

Question

Quizplus · Accepted Answer

Needles used to draw blood would be considered a variable cost for a medical lab because the amount used will vary based on the number of patients being tested. Advertising on a local radio station and leasing lab equipment would be considered fixed costs as they occur whether or not there are any patients to test. The salary of a receptionist is also a fixed cost as it is a regular expense for the lab.

What Is a Variable Cost for a Medical Lab