Rent, electricity, and executive salaries that do not vary with production level are referred to as ________ costs.
A) fixed
B) variable
C) break-even
D) target
E) promotional
Answer: A) fixed
Rent, electricity, and executive salaries that do not vary with production level are referred to as ________ costs.
A) fixed
B) variable
C) break-even
D) target
E) promotional
Answer: A) fixed