Sheryl Company operates a factory in which pickled olives are prepared and packaged. Of course, in making her product, Sheryl must purchase a lot of olives. Sheryl has purchased her olives from the same supplier for $15$ years.

For the purpose of doing a cost$-$volume$-$profit analysis, what kind of cost is Sheryl$$s cost of purchasing olives?

Indirect

Period

Variable

Administrative

Fixed