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Common examples of variable costs include all of the following except: insurance on factory, direct materials,...

Common examples of variable costs include all of the following except: insurance on factory, direct materials, direct labor, any cost that changes in proportion to the changes in the leve of activity?

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Answer : Insurance on Factory

Variable cost changes based on volume of production. If production increases Direct material, Direct labor such type of expense increases. If production decrease those expenses will decrease. But insurance on factory is fixed it does not change as per production.

ekkarill92 answered 2 years ago
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