Question

Which two terms below describe the wages paid to security guards that monitor a factory 24...

Which two terms below describe the wages paid to security guards that monitor a factory 24 hours a day?

variable cost and direct cost

fixed cost and indirect cost

fixed cost and direct cost

variable cost and indirect cost

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Answer #1

Answer:

Correct answer is:

fixed cost and indirect cost

Explanation:

Wages paid to security guards are not traceable to any specific product/ service. Hence it is indirect cost.

As such options A and C are incorrect.

Wages paid to security guards remains same irrespective of activity level. Hence these are fixed costs.

Hence option B is correct and D is incorrect.

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