Which of the following is an example of a variable cost for a manufacturing firm?
A. The cost of factory supervision.
B. The cost of rent on the factory.
C. The cost of raw materials.
D. The cost of depreciation on equipment.
Answer: C
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The direct method starts with net income and adjusts it to net cash provided by operating activities
Indicate whether the statement is true or false
Which of the following methods has a relatively low development cost?
A. mobile learning B. virtual reality C. adaptive training D. intelligent tutoring system
Which of the following is true of liabilities of LLCs?
A. Members of the LLC are liable to the extent of their capital contribution. B. Managers of LLCs are personally liable for the debts, obligations, and liabilities of the LLC. C. LLCs are not liable for any loss or injury caused by their employees. D. LLCs are not liable for losses caused due to negligence of their managers during the ordinary course of business.
Stop orders are used only when selling a stock
Indicate whether the statement is true or false.