Jodi Recently Went into Business Producing Widgets

Multiple Choice

Jodi recently went into business producing widgets.Which of the following would be a fixed cost for her firm? 1.labour costs of $1000 per month
2.raw material costs of $5000 per month
3.a one-year lease on a building of $12 000

A) 1 only
B) 2 only
C) 3 only
D) 1 and 2
E) 2 and 3