Multiple choice general knowledge

Which among the following is not a fixed cost ?

  1. Cost of Raw Material

  2. Rent for a shed

  3. Salary of office staff

  4. Dependence upon the owner
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Fixed costs remain constant regardless of production volume (like rent, permanent salaries). Cost of raw material is a variable cost because it changes directly with production levels - more output requires more raw materials. The other options are clearly fixed expenses.

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