Some Things That Can Be Marketed Include Goods, Services, Experiences

question 31

True/False

Some things that can be marketed include goods, services, experiences, events, and people.

---

Definitions:

Variable Manufacturing Overhead

Variable manufacturing overhead refers to the manufacturing costs that vary with the level of production output, such as utilities and certain labor costs.

Variable Cost

Costs that vary directly with the level of production or volume of output.

Fixed Cost

A cost that remains constant regardless of the level of goods or services produced within a certain range.

Break-even Sales

The amount of revenue required to cover a company's total fixed and variable costs.