Which of the Following Costs Typically Include Both Fixed and Variable

question 153

Multiple Choice

Which of the following costs typically include both fixed and variable components?

• A) Direct materials
• B) Direct labor
• C) Factory overhead
• D) None of these

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Definitions:

Rent Payments

Periodic payments made by a lessee to a lessor for the use of some property, facility, equipment, or service.

Cable Bill

A periodic charge for cable television services provided by a cable service provider, typically on a monthly basis.

Sole Proprietorship

A business structure in which a single individual owns and operates the business, enjoying full control but also bearing unlimited liability.

Limited Liability

A legal structure that limits the financial responsibility of company owners or shareholders to the amount they have invested, protecting personal assets.