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