What type of cost is directly associated with the production of goods?

Practice Questions

1 question
Q1
What type of cost is directly associated with the production of goods?
  1. Fixed Cost
  2. Variable Cost
  3. Sunk Cost
  4. Opportunity Cost

Questions & Step-by-step Solutions

1 item
Q
Q: What type of cost is directly associated with the production of goods?
Solution: Variable costs change with the level of production and are directly associated with the production of goods.
Steps: 0

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