Which of the Following Is the Best Example of a Variable

question 239

Multiple Choice

Which of the following is the best example of a variable cost?

• A)Monthly wage payments for hired labor.
• B)Annual property tax payments for a building.
• C)Monthly rent payments for a warehouse.
• D)Annual insurance payments for a warehouse.

Learn the significance of long-term purchase commitments through blanket orders.

Differentiate between the major variations of online catalogues.

Grasp different facets of supply chain management, including environmental risks and integration strategies.

Recognize ethical considerations and standards within supply chain management.

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Definitions:

Product Warranty Expense

Costs that a company anticipates or incurs for repairing, replacing, or compensating for defective products during the warranty period.

Sales Price

The amount a customer pays to purchase a product or service.

Replacement Warranty

A guarantee provided by a seller or manufacturer to repair or replace defective goods within a certain period after purchase.

Repair Defects

The process of identifying and correcting flaws or issues in products or systems.