Identify at least two examples of fixed costs

Reference no: EM133422805

Question: Identify at least two examples of Fixed Costs and two examples of Variable Costs for this business. Note that the Fixed Costs are sometimes referred to as Overhead Costs. They are relatively fixed amounts that must be paid each month or each quarter just to keep the business going, they are not tied to output. The Variable Costs are sometimes referred to as Cost-of-Goods-Sold (COGS). These costs will rise with the level of output or with each additional unit produced or each customer served. You can choose a retail store, an online business, a manufacturing business. Be creative! You can not report on a business that has already been posted by a fellow student. And you do need to reply to at least one other student this week.

Reference no: EM133422805

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