select the correct answer. which expense contributes to a businesss semi - variable cost? a. payment of…

select the correct answer. which expense contributes to a businesss semi - variable cost? a. payment of insurance premium b. purchase of new machinery c. payment of office rent d. overtime (wages) paid to workers

select the correct answer. which expense contributes to a businesss semi - variable cost? a. payment of insurance premium b. purchase of new machinery c. payment of office rent d. overtime (wages) paid to workers

Answer

Brief Explanations:

Semi - variable costs have both fixed and variable components. Insurance premium and office rent are fixed costs as they are constant regardless of production level. Purchase of new machinery is a capital expenditure. Overtime wages paid to workers have a fixed part (regular wages) and a variable part (extra pay for overtime based on production/activity level).

Answer:

D. overtime (wages) paid to workers