Which of the following would be classified as a fixed cost in the operation of a motor vehicle? A. Oil change every 10,000 kilometres B. Petrol OC. Insurance OD. Tyre replacement

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter4: Job Order Costing
Section: Chapter Questions
Problem 3EA: Burnham Industries incurs these costs for the month: A. What Is the prime cost? B. What is the...
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Which of the following would be classified as a fixed cost in the operation of a motor vehicle?
A. Oil change every 10,000 kilometres
B. Petrol
OC. Insurance
OD. Tyre replacement
Transcribed Image Text:Which of the following would be classified as a fixed cost in the operation of a motor vehicle? A. Oil change every 10,000 kilometres B. Petrol OC. Insurance OD. Tyre replacement
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