Question

state any two examples of variable cost and fixed cost​

Answer 1

Answer:

Examples of variable costs are sales commissions, direct labor costs, cost of raw materials used in production, and utility costs. The total variable cost is simply the quantity of output multiplied by the variable cost per unit of output

Answer 2

Answer:

Examples of Fixed Costs:-

Depreciation, interest paid on capital, rent, salary, property taxes, insurance premium, etc.

Examples of Variable Costs:-

Commission on sales, credit card fees, wages of part-time staff, etc.

Explanation:

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