Which of the following can be identified as a fixed cost?

Labour cost

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Electricity bill

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Salary of watchman

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

Cost of raw materials

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is C Salary of watchman
The terms of a salary is usually negotiated in advance for a specified time period and cant be changed on a daily basis, thus is effectively behaves as a fixed cost as it cant be varied in the short term.

Suggest Corrections

Similar questions

Which of the following elements can be used as a raw material for producing nuclear energy?

Q. Which of the following can be used as a raw material for producing bioethanol:

Select the correct code from the options given below:

Join BYJU'S Learning Program