Dan owns a factory that manufactures smartphones. He has a lot of costs every mo
ID: 1110209 • Letter: D
Question
Dan owns a factory that manufactures smartphones. He has a lot of costs every month to keep his factory running. Which of the following is one of Dan's fixed costs?
his electricity bill for the factory
memory devices used to store music and video on the smartphones
his mortgage on the factory
plastic used to make the smartphones
A.his electricity bill for the factory
B.memory devices used to store music and video on the smartphones
C.his mortgage on the factory
D.plastic used to make the smartphones
Explanation / Answer
Ans)
his mortgage on the factory
Fixed expenses are expenses which do not vary from period to period like mortgage and rent.
C.his mortgage on the factory
Fixed expenses are expenses which do not vary from period to period like mortgage and rent.
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