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While having a discussion, Technician A says that if you replace a battery simply because it is old, this will not solve a charging problem caused by something else. Technician B says that a new battery is the only solution. Who is correct?
Fixed Costs
Expenses that remain constant regardless of the amount of goods produced or sold, including lease payments, wage expenses, and insurance fees.
Depreciation Expense
The systematic allocation of the cost of a tangible asset over its useful life.
Fixed Costs
Business expenses that remain constant regardless of changes in production volume, such as rent, salaries, and loan repayments.
Variable Cost
Costs that vary in direct proportion to changes in the level of production or sales.
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