Question

Fixed costs ________. Group of answer choices are the sum of the overhead and variable costs for any given level of production represent the annual costs of inputs incurred by a company decrease with accumulated production experience vary directly with the level of production are costs that do not vary with production or sales level

Answer 1

are costs that do not vary with production or sales level

Step-by-step explanation:

Fixed cost can as well be regarded as overhead cost they are expenses in the company that does not depends on the change in the amount of goods and services produced in the company. They are time- related cost such as

salaries, property taxes, interest as well as insurance. It should be noted that fixed costs are costs that do not vary with production or sales level