Which of the Following Costs Is NOT Considered a Variable

question 17

Multiple Choice

Which of the following costs is NOT considered a variable cost?

• A) Labor cost
• B) Transportation cost
• C) Administrative cost
• D) Material cost

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Definitions:

Weighted Average Delay

implies the average time delay in a process or system, adjusted for the importance or frequency of each delay component.

Collection Delay

The time lapse between when a payment is made by a customer and when the funds become available to the recipient company.

Average Amount

The mean sum of a group of numbers, calculated by dividing the total by the quantity of numbers.