Q.

Which of the following is not a fixed cost?

A. Salaries of administrative staff
B. Rent of factory building
C. Property taxes
D. Electricity charges
Answer» A. Salaries of administrative staff
Explanation: Fixed costs arc business expenses that are not dependent on the level of goods or services produced by the business. They tend to be time-related, such as salaries or rents beingpaid per month, and are often referred to as overhead costs. The salaries of administrative staff are variable costs.
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