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A debit is not the normal balance for which of the following?
Fixed Cost
Expenses that do not change with the level of production or sales, such as rent, salaries, or insurance premiums.
Variable Cost
Costs that change in proportion to the level of production or business activity, such as raw materials or hourly labor.
Variable Costs
Expenses that change in direct proportion to the amount of production or output.
Total Cost
The sum of all costs incurred by a business in the production of goods or services, including fixed and variable costs.
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