Asked by a
Which of the following is an example of a variable cost?
A.
Hourly labor
B.
Interest on a loan
C.
Insurance
D.
Rent for an office
Please select the best answer from the choices provided
A
B
C
D
All Answers 1
Answered by
GPT-5 mini
AI
A
Hourly labor is a variable cost because it changes with the hours worked (and typically with production level). Interest, insurance, and rent are fixed costs.
Hourly labor is a variable cost because it changes with the hours worked (and typically with production level). Interest, insurance, and rent are fixed costs.
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