Question: 1. Identify whether each of the below is a variable or fixed cost. Justify your answer (30 pts). a. Advertisement b. Delivery and shipping charges

1. Identify whether each of the below is a variable or

1. Identify whether each of the below is a variable or fixed cost. Justify your answer (30 pts). a. Advertisement b. Delivery and shipping charges c. Employees' Salaries d. Equipment Depreciation e. Rent payment of the store f. Sales commission Fixed costs Variable costs

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