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Out of the four different types of costs, how would you classify overhead costs? ( Hint: Overhead costs are unavoidable costs a company must spend
Out of the four different types of costs, how would you classify overhead costs? Hint: Overhead costs are unavoidable costs a company must spend to produce any amount of outputs up to a certain level. Theres usually a threshold where the outputs exceed the maximum capacity which requires additional spending for every extra unit of outputs.
Semivariable cost
Variable cost
Stepped fixed cost
Fixed cost
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