Fixed and Variable CostsVersion en ligne Test your knowledge about fixed and variable costs! par sarah ayyad 1 Variable costs change in direct proportion to the level of production. Yes No 2 Rent is an example of a fixed cost. Yes No 3 Depreciation of equipment is a fixed cost. Yes No 4 Insurance premiums are considered fixed costs. Yes No 5 Property taxes are variable costs. Yes No 6 Property taxes are fixed costs. Yes No 7 Fixed costs remain constant regardless of the level of production. Yes No 8 Direct labor is an example of a fixed cost. Yes No 9 Sales commissions are considered variable costs. Yes No 10 Direct labor is an example of a variable cost. Yes No 11 Rent is an example of a variable cost. Yes No 12 Fixed costs change with the level of production. Yes No 13 Insurance premiums are considered variable costs. Yes No 14 Raw materials are considered fixed costs. Yes No 15 Variable costs remain constant regardless of the level of production. Yes No 16 Electricity bills are variable costs. Yes No 17 Sales commissions are considered fixed costs. Yes No 18 Electricity bills are fixed costs. Yes No 19 Depreciation of equipment is a variable cost. Yes No 20 Raw materials are considered variable costs. Yes No
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