QUESTION IMAGE
Question
select all that apply
which of the following are most likely fixed costs?
factory insurance
administrative salaries
factory rent
electricity to operate factory machines
need help? review these concept resources.
read about the concept
Brief Explanations
Fixed costs don't vary with production volume. Factory insurance, administrative salaries, and factory rent are stable regardless of output. Electricity for machines is variable (depends on usage/production).
Snap & solve any problem in the app
Get step-by-step solutions on Sovi AI
Photo-based solutions with guided steps
Explore more problems and detailed explanations
A. Factory insurance, B. Administrative salaries, C. Factory rent