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Fixed and Variable Costs

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Test your knowledge about fixed and variable costs!

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Fixed and Variable CostsVersion en ligne

Test your knowledge about fixed and variable costs!

par sarah ayyad
1

Property taxes are fixed costs.

2

Rent is an example of a fixed cost.

3

Property taxes are variable costs.

4

Direct labor is an example of a fixed cost.

5

Raw materials are considered fixed costs.

6

Raw materials are considered variable costs.

7

Fixed costs remain constant regardless of the level of production.

8

Sales commissions are considered fixed costs.

9

Rent is an example of a variable cost.

10

Insurance premiums are considered fixed costs.

11

Depreciation of equipment is a variable cost.

12

Fixed costs change with the level of production.

13

Electricity bills are fixed costs.

14

Sales commissions are considered variable costs.

15

Electricity bills are variable costs.

16

Depreciation of equipment is a fixed cost.

17

Variable costs remain constant regardless of the level of production.

18

Variable costs change in direct proportion to the level of production.

19

Direct labor is an example of a variable cost.

20

Insurance premiums are considered variable costs.

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