Which of the following would be an example of a variable cost for an amusement park?
A)Concession supplies such as soft drinks
B)Interest on loans
C)Liability insurance
D)Park manager's salary
E)All of the above

Question

Quizplus · Accepted Answer

Concession supplies such as soft drinks are a variable cost for an amusement park because the more visitors they have, the more supplies they will need to serve them. The other choices listed are fixed costs since the interest on loans, liability insurance, and park manager's salary stay the same regardless of the volume of visitors.

Which of the Following Would Be an Example of a Variable