Higado Confectionery Corporation Has a Number of Store Locations Throughout

question 136

Multiple Choice

Higado Confectionery Corporation has a number of store locations throughout North America. In income statements segmented by store, which of the following would be considered a common fixed cost with respect to the stores?

• A) store manager salaries
• B) store building depreciation expense
• C) the cost of corporate advertising aired during the Super Bowl
• D) cost of goods sold at each store

---

Definitions:

1890s

The decade extending from January 1, 1890, to December 31, 1899, characterized by significant social, economic, and political change.

Annexation

The formal process by which a state takes over the territory of another state, usually without the agreement of the latter.

Political Democracy

Represents a form of government in which power is vested in the people, who rule either directly or through freely elected representatives.