Multiple Choice
Which of the following is an example of a fixed cost?
A) Paper used in the manufacture of textbooks.
B) Property taxes paid by a firm to the City of Los Angeles.
C) The wages of part-time workers who are paid $8 per hour.
D) Gasoline consumed by salespersons' cars.
E) Surgical supplies used in a hospital's operating room.
Correct Answer:

Verified
Correct Answer:
Verified
Q51: Describe the economic characteristics of sunk costs
Q53: Madi and Sohn Corporation has a single
Q53: Which of the following costs is not
Q56: If the total cost of alternative A
Q56: In discussing the operation of her automobile,
Q57: Which of the four items listed below
Q58: Wee Care is a nursery school
Q63: The fixed costs per unit are $10
Q71: Inventoriable costs are expensed when incurred.
Q83: Depreciation of factory equipment would be classified