Examlex
Which of the following is true about the second shift?
Variable Cost
A cost that varies with the level of output or production, such as materials and labor directly involved in manufacturing.
Fixed Costs
Expenses that do not change with the level of goods or services produced by a business, such as rent or a salaried employee's wages.
Variable Costs
Expenses that change in proportion to the activity or volume of production, sales, or services rendered.
Fixed Costs
Charges that are unaffected by production or sales volume, for example, monthly rent or payroll expenses.
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