Identify whether each of the below is a Fixed Cost or Variable Cost
Shipping costs for bread |
Cost of fuel for delivery truck |
Factory rent |
Factory insurance |
Maintenance on delivery truck |
Sales commissions |
Hourly wages paid to baker’s assistant |
Oven depreciation |
Cost of fruit for cake topping |
Factory utilities |
Darshita Changed status to publish July 25, 2020
Answer:
Shipping costs for bread | Variable |
Cost of fuel for delivery truck | Variable |
Factory rent | Fixed |
Factory insurance | Fixed |
Maintenance on delivery truck | Fixed |
Sales commissions | Variable |
Hourly wages paid to baker’s assistant | Variable |
Oven depreciation | Fixed |
Cost of fruit for cake topping | Variable |
Factory utilities | Fixed |
Darshita Changed status to publish July 25, 2020