Which kind of cost is the cost of insurance

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Reference no: EM13216034

Lucy Treasures operates a chain of gift shops. The company pays liability insurance premiums of $2,500 per year for each shop. The managers of each shop are paid a salary of $3,000 per month and all other employees are paid on an hourly basis. Relative to the number of shops, the cost of insurance is which kind of cost?

Reference no: EM13216034

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