Asked by
ARADHYA MISHRA
on Dec 15, 2024
Verified
Which of these is a typical example of a variable cost?
A) shipping costs
B) rent on a building
C) executive salaries
D) insurance premiums
E) leases on delivery trucks
Variable Cost
Costs that vary directly with the level of production or with volume of output.
- Discriminate between fixed and variable costs in the context of business operations.
Verified Answer
KW
Learning Objectives
- Discriminate between fixed and variable costs in the context of business operations.