Which of the following falls outside of the classification ofbusiness expenses that fall into the...

Which of the following falls outside of the classification of business expenses that fall into the category of fixed costs?

a. Costs that must be made before production starts

b. Costs that vary according to specific line of business

c. Costs incurred in the act of producing

d. Costs incurred as advertising expenses

Solutions

Expert Solution

costs incurred in the act of producing

fixed cost is defined as the economic costs for inputs that remain fixed at all quantities of output

c is the right option

Rahul Sunny answered 1 year ago

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