Use the Information Below to Answer the Following Question(s)

question 28

Multiple Choice

Use the information below to answer the following question(s) .Big Island Coffee Co.produced and sold 120,000 units last year.Per unit revenue and costs were as follows:
Fixed manufacturing overhead and administrative salaries are fixed costs.The per unit amounts are based on last year's production.
-Which one of the following is a variable cost for an insurance company?

• A)rent
• B)president's salary
• C)sales commissions
• D)property taxes
• E)amortization on the office equipment

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Definitions:

Pay Transparency

A policy or practice where employers openly share salary information, such as the basis for pay decisions, in order to ensure fairness and equity.

Merit Pay Plans

Employee compensation plans designed to reward workers based on their performance and contributions to an organization.

Risky Behaviour

Actions undertaken by individuals or organizations that expose them to potential harm or significant loss.

Bonuses

Additional compensation given to employees as a reward for their performance or for meeting certain objectives.