Fixed Operating Costs ________

question 27

Multiple Choice

Fixed Operating Costs ________.

• A) Are not included in COGS
• B) Include expenses like the DSL bill and rent
• C) Are not direct costs of creating each product
• D) All of the above.

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Definitions:

Overstock

It refers to an excessive amount of inventory that a business holds, which exceeds the demand for those products.

Seafood Distributor

A business entity involved in the wholesale or retail distribution of seafood products to various outlets including markets and restaurants.

Commercial Fisher

A person or business involved in the catching and selling of fish for commercial purposes.

Voidable

Describes a legal transaction or agreement that may be nullified or rescinded by one or more parties.