Explain Whether Each of the Following Is a Fixed Cost

question 303

Essay

Explain whether each of the following is a fixed cost or a variable cost for Damian Dandridge's tattoo parlor.
a.The payment he makes to buy tattoo ink.
b.The wages he pays his employees.
c.The $500-per-month payment he makes to advertise his shop on highway billboards.
d.The lease payment he makes to the landlord who owns the building where his shop is located.
e.The payment he makes on his liability insurance policy.

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Definitions:

Uptalk

A speech pattern where the speaker ends sentences with a rising intonation, often perceived as uncertainty or seeking affirmation.

Human Voice

The sound produced by humans through the vocal cords for speaking, singing, laughing, and crying.

Workplace Teams

Groups of employees who work together within a company to achieve common goals or complete specific projects.

Telephone Call

A conversation between two or more people using telephones or mobile phones.