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