Which of the Following Is NOT a Fixed Cost

question 72

Multiple Choice

Which of the following is NOT a fixed cost?

• A) Property taxes
• B) Salary of plant manager
• C) Direct materials cost
• D) Straight-line depreciation

---

Definitions:

Revenue Realized

Income that a company has earned and received payment for, typically from sales of goods or services.

Sale Price

The amount of money for which a product or service is sold to the consumer.

Par Value

The nominal or face value of a stock or bond, as stated by the issuing company.

Prior Period Adjustment

Adjustments made to amend previously issued financial statements for errors or changes in accounting principles.