Questions

MKB3802 - S2 2025 Week 9 Quiz

Matching

Match the following with the appropriate cost type 1: Rent on the office 2: Professional insurance 3: Catering for client presentation 4: Direct Marketing communications 5: Software subscription 6: Part Time wages

Options

A.Fixed

B.Variable

C.Semi-variable

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Step-by-Step Analysis

Question restatement: Match the following with the appropriate cost type 1: Rent on the office ____ 2: Professional insurance ____ 3: Catering for client presentation ____ 4: Direct Marketing communications ____ 5: Software subscription ____ 6: Part Time wages ____ Answer options: ["Fixed", "Variable", "Semi-variable"] Analysis of each item: 1) Rent on the office: - This cost is typically constant regardless of short-term activity levels; it does not vary with the level of output in the period. In cost terminology, that aligns with a Fixed cost type. The nature of property tenancy agreements often fixes monthly rent amounts, making costs predictable and independent of production volume in the short term. - Therefo......Login to view full explanation

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