Question

which amongst the following is not an example of variable cost
a) electricity charges
b) purchase of raw materials
c) license fees
d) expenditure on repairs​

Answer 1

Answer:

answer is : electricity charges

Explanation:

hope it helps u

Answer 2

A license fee is not an example of a variable cost. (Option c)

• In any business, there are certain costs associated with it.
• These can either be fixed or can vary from time to time.
• The total charges for electricity use depend on the amount of its usage and are variable.
• Raw materials are purchased after determining the production targets which also fluctuate.
• Repair costs arise only when repairs are needed.
• But the license fee is fixed to continue operations.