The most likely to be a fixed cost among the options provided is Property insurance premiums.

Here's why:

1. Expenditures for raw materials: This is a variable cost because it changes depending on the quantity of production. The more you produce, the more raw materials you need.

2. Wages for unskilled labour: This is also a variable cost because it depends on the number of hours the labourers work, which can change from period to period.

3. Shipping charges: This is another variable cost because it depends on the number of units you ship. The more units you sell and ship, the higher the shipping charges.

4. Property insurance premiums: This is a fixed cost because it doesn't change with the level of production or sales. Whether you produce 1 unit or 1000 units, your property insurance premium remains the same. Therefore, it is the most likely to be a fixed cost.

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The most likely to be a fixed cost among the options provided is Property insurance premiums.

Here's why:

1. Expenditures for raw materials: This is a variable cost because it changes depending on the quantity of production. The more you produce, the more raw materials you need.

2. Wages for unskilled labour: This is also a variable cost because it depends on the number of hours the labourers work, which can change from period to period.

3. Shipping charges: This is another variable cost because it depends on the number of units you ship. The more units you sell and ship, the higher the shipping charges.

4. Property insurance premiums: This is a fixed cost because it doesn't change with the level of production or sales. Whether you produce 1 unit or 1000 units, your property insurance premium remains the same. Therefore, it is the most likely to be a fixed cost.

Knowee AI · Accepted Answer

The most likely to be a fixed cost among the options provided is Property insurance premiums.

Here's why:

1. Expenditures for raw materials: This is a variable cost because it changes depending on the quantity of production. The more you produce, the more raw materials you need.

2. Wages for unskilled labour: This is also a variable cost because it depends on the number of hours the labourers work, which can change from period to period.

3. Shipping charges: This is another variable cost because it depends on the number of units you ship. The more units you sell and ship, the higher the shipping charges.

4. Property insurance premiums: This is a fixed cost because it doesn't change with the level of production or sales. Whether you produce 1 unit or 1000 units, your property insurance premium remains the same. Therefore, it is the most likely to be a fixed cost.

Which of the following is most likely to be a fixed cost?Group of answer choicesExpenditures for raw materials.Wages for unskilled labour.Shipping charges.Property insurance premiums.

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