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