Which of the following is most likely to be a fixed cost?

1. shipping charges

2. property insurance premiums

3. wages for unskilled labor

4. expenditures for raw materials

2. property insurance premiums

Explanation:

Insuring a property is more likely to be a fixed cost, because it relates to value of fixed assets and to a contract.

For a building company, for example, it would fixed be because the production number is an independent variable, so it would be the same insurance cost per build whatever the output is.

Shipping charges, on the other hand, always change depending on the weight of the item.