Asked by

Jeffrey Shermak
on Nov 07, 2024

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Which one of the following costs is most likely a variable cost?

A) Rent paid on an office building.
B) Cost of an equipment lease.
C) Cost of cotton used to produce a shirt.
D) Cost of a computer to process payroll checks.
E) Salary paid to the chief financial officer.

Cotton

A soft, fluffy staple fiber that grows in a boll around the seeds of the cotton plant, widely used in the textile industry.

  • Absorb the understanding of the theory and outcomes of fixed and variable costs in the context of business operations.
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KM
Kenyon MollaNov 12, 2024
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