Which of These Would Be Considered a Variable Cost

question 20

Multiple Choice

Which of these would be considered a variable cost?

• A) Manager's salary.
• B) Local government rates.
• C) Rent.
• D) Cost of raw materials.

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Definitions:

Intelligence Test Scores

Numerical outcomes derived from assessments designed to measure cognitive abilities, including reasoning, problem-solving, and understanding complex ideas.

Bell-Shaped Pattern

A distribution in statistics that describes how data points are spread across several levels with a peak in the middle; commonly referred to as a normal distribution.

Normal Curve

A bell-shaped curve that represents the distribution of many types of data where most observations cluster around the central peak and probabilities for values decrease as they move away from the center.

Brass And Steel

Alloys used in various applications; brass is a combination of copper and zinc, while steel is an alloy of iron with carbon and sometimes other elements.