Which of the following is an example of a variable, Ask an Expert

Accounting

Which of the following is an example of a variable cost?

1. Insurance premium for fire insurance on the factory building

2. The salary of the company president

3. Wood used to make custom tables

4. Rent for use of a storage warehouse

5. Depreciation on the factory building

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9169998

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