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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

Rent is an example of a variable cost.

2

Raw materials are considered variable costs.

3

Insurance premiums are considered fixed costs.

4

Electricity bills are fixed costs.

5

Depreciation of equipment is a variable cost.

6

Direct labor is an example of a fixed cost.

7

Direct labor is an example of a variable cost.

8

Insurance premiums are considered variable costs.

9

Depreciation of equipment is a fixed cost.

10

Rent is an example of a fixed cost.

11

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

12

Sales commissions are considered fixed costs.

13

Electricity bills are variable costs.

14

Variable costs remain constant regardless of the level of production.

15

Fixed costs change with the level of production.

16

Sales commissions are considered variable costs.

17

Raw materials are considered fixed costs.

18

Fixed costs remain constant regardless of the level of production.

19

Property taxes are variable costs.

20

Property taxes are fixed costs.

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