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16 December, 11:48

Costs incurred regardless of the number of units of a product that are produced or sold are called:

a. controllable costs.

b. variable costs.

c. fixed costs.

d. mixed costs.

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Answers (1)
  1. 16 December, 15:18
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    C. Fixed Costs. Fixed costs are incurred regardless of the number of units of a product are produced or sold on a given period. Fixed costs are expenses incurred and remain unchanged within a relevant period. These costs are fixed in relation to the quantity of production for a certain period.
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