Which of the Following Costs Is a Variable Cost

question 145

Multiple Choice

Which of the following costs is a variable cost?

• A)materials used in production
• B)research and development
• C)supervisors' salaries
• D)rent

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Definitions:

Return On Investment

A financial metric used to evaluate the efficiency or profitability of an investment, calculated by dividing the return of an investment by its cost.

Financial Ratio

A numerical comparison derived from a company's financial statements that investors and analysts use to evaluate the company's financial health.

Employment Legislation

Laws and regulations that govern the relationship between employers and employees, including wages, working conditions, and workers' rights.

HR Departments

Organizational units responsible for managing and overseeing the recruitment, training, development, and welfare of employees.