Identify Question $1$

Identify whether the following costs are variable costs,

fixed costs, or mixed costs by selecting $"$VC$"$ for variable

cost$,"$FC$"$ for fixed cost, or $"$MC$"$ for mixed cost from the

dropdown boxes.

Utilities expense MC

Salaries FC

Wages $($hourly pay$)$ VC

Rent FC

Car rental costs MC

Answer $1$:

MC

Answer $2$:

FC

Answer $3$:

VC

Answer $4$:

FC

Answer $5$:whether the following costs are variable costs, fixed costs, or mixed costs by selecting $"$VC$"$ for variable cost, $"$FC$"$ for fixed cost, or $"$MC$"$ for mixed cost from the dropdown boxes.

$1.$ Utilities expense

MC

$2.$ Salaries

FC

$3.$ Wages $($hourly pay$)$

VC

$4.$ Rent

FC

$5.$ Car rental costs