Which of the Following Would Be Classified as a Fixed

question 380

Multiple Choice

Which of the following would be classified as a fixed cost for the proprietor who owns and operates the local Texaco station?

• A) the federal excise tax paid on each gallon of Texaco gasoline sold
• B) the state income tax on the profit earned
• C) the rent paid on the 10 year lease for the property on which the station is located
• D) the Social Security tax the owner pays the federal government on the owner's income

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Definitions:

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Delcotron 33/34 SI

A specific model of alternator made by General Motors, known for its integrated voltage regulator and used in many vehicles from the 1970s and 1980s.

420 Amps

A unit of electric current indicating 420 amperes, often used in context with electrical systems' capacity or requirement.

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Coils located in the stator of an electric motor or generator that create a magnetic field when current flows through them.