Why can distinction between fixed costs and variable costs

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Reference no: EM131253075

Why can the distinction between fixed costs and variable costs be made in the short run? Classify the following as fixed or variable costs:

Advertising expenditures

Fuel

Interest on company bonds

Shipping charges

Payment for raw materials

Real estate taxes

Executive salaries

Insurance premiums

Wage payments

Sales taxes

Rental payment on leased office machinery

Reference no: EM131253075

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