Which of the Following Is an Example of a Step-Fixed

question 57

Multiple Choice

Which of the following is an example of a step-fixed cost?

• A)cost of disposable surgical scissors, which are purchased in increments of 100
• B)cost of soaking solution to clean jewelry (Each jar can soak 50 rings before losing effectiveness.)
• C)cost of tuition at £300 per credit hour up to 15 credit hours (Hours taken in excess of 15 hours are free.)
• D)cost of disposable gowns used by patients in a hospital

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Definitions:

Union Participation

The involvement or membership of workers in a labor union, which represents their interests in negotiations with employers.

Sales Personnel

Employees or members of an organization responsible for selling its products or services to customers.

Core Principles

Fundamental beliefs or values that serve as the foundation for the system, organization, or individual's actions and decisions.

Hindu Mahabharata

An ancient Indian epic poem that narrates the struggle between two groups of cousins in the Kurukshetra War.