Q34
Which of the following is an example of semi-variable cost?
A.
Salary
B.
Tax
C.
Telephone expenses
AnswerD.
Office expenses
Answer: Option C
Solution
Answer: Option C
Solution:
Telephone expenses is an example of semi-variable cost. A semi-variable cost, also known as a semi-fixed cost or a mixed cost, is a cost composed of a mixture of both fixed and variable components.