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Tyler Parke
on Nov 08, 2024

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Fixed costs in the short-run generally include which of the following?

A) Manufacturing wages.
B) Material used in manufacturing.
C) Property insurance.
D) Utilities in manufacturing plant.
E) Contractual commitments to purchase supplies.

Fixed Costs

Fixed expenses in a business are those outgoings that do not change with the amount of goods produced or sold, including costs like lease payments, wages, and repayments on borrowings.

Manufacturing Wages

Payments made to employees involved in the production process, reflecting labor costs in producing goods.

  • Understand the different expenses incurred by a company and their influence on accounting statements.
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Rahul BhavsarNov 13, 2024
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