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