Multiple Choice
Which of the following is an example of a fixed cost that is also a sunk cost for a bakery as of January 15?
A) The electric bill for the coming calendar year.
B) An accountant's fees for tax preparation in April.
C) The cost of a one-year lease on a building, signed January 1.
D) The salary of the baker for the month of February.
Correct Answer:
Verified
Correct Answer:
Verified
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