100% ANSWERED BY A VERIFIED TUTOR- Week 4 :interactive activity

The following table shows various costs incurred by a manufacturing company:


Variable cost

Fixed cost


Cost of shipping finished goods to customers

Wood used in manufacturing furniture

Manager’s salary

Electricity used in manufacturing furniture

Packing supplies for shipping products

Sand used in manufacturing concrete

Supervisor’s salary

Advertising costs

Executive’s life insurance

Answer with a tick mark or write in words which is a fixed cost, and which one is a variable cost. 

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