which expense is a variable cost? weekly advertisement picture in a journal insurance payments hourly wages…
which expense is a variable cost? weekly advertisement picture in a journal insurance payments hourly wages for an office employee monthly rent on a store
Answer
Brief Explanations:
- Variable cost changes with the level of production or business activity.
- Hourly wages for an office employee: If the employee works more hours (increase in business - related activity like more work to be done), the cost (wages paid) increases. If they work fewer hours, the cost decreases.
- Weekly advertisement picture in a journal: Usually a fixed - term (weekly) cost that may not vary directly with the volume of goods produced or services rendered.
- Insurance payments: Often fixed for a particular coverage period (e.g., annual policy with a fixed premium).
- Monthly rent on a store: Fixed for the lease period.
Answer:
Hourly wages for an office employee.