JAMB Accounting 2022 Objective — Question 39

Question 39 of 40 from the Joint Admissions and Matriculation Board (JAMB) Accounting 2022 Objective paper, with the correct answer and a full explanation.

39. Which of the following can be categorized as fixed cost?

A. (A) factory overheadCorrect
B. (B) fuel expenses
C. (C) factory worker's wages
D. (D) material cost

Explanation

Fixed cost does not change with the level of output. Since factory overhead is made up of items such as production manager's salary and factory security, it is usually considered fixed cost.

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