MC 19 Which of the following is an example of a variable cost?
A. Rent
B. Property taxes
C. Cost of raw materials
D. Depreciation of equipment
Answer:C
MC 19 Which of the following is an example of a variable cost?
A. Rent B. Property taxes C. Cost of raw materials D. Depreciation of equipment
Explanation: Variable costs are expenses that change with the level of production, such as the cost of raw materials used in manufacturing.