Seth owns a bakery. Seth pays: (1) rent to lease the bakery, (2) upfront costs to buy ingredients, (3) insurance payments, and (4) an hourly wage to compensate his four employees who help with baking and staff the retail counter. What types of costs are these?

Question 4 1 pts Seth owns a bakery. Seth pays: (1) rent to lease the bakery, (2) upfront costs to buy ingredients, (3) insurance payments, and (4) an hourly wage to compensate his four employees who help with baking and staff the retail counter. What types of costs are these? O (1) and (2) are fixed costs; (3) and (4) are variable costs O (1) and (3) are fixed costs; (2) and (4) are variable costs O (2) and (3) are fixed costs;(1) and (4) are variable costs O (2) and (4) are fixed costs; (1) and (3) are variable costs