MANAGEMENT

Detailed explanation-1: -Fixed costs include any number of expenses, including rental lease payments, salaries, insurance, property taxes, interest expenses, depreciation, and potentially some utilities.

Detailed explanation-2: -Examples of fixed costs are rent and lease costs, salaries, utility bills, insurance, and loan repayments.

Detailed explanation-3: -A common example of a fixed cost is rent because rent stays constant regardless of the quantity of goods or services produced. Some other examples of fixed costs include: Lease payments. Rent or mortgage payments.

Detailed explanation-4: -An example of fixed cost is a rent payment. If a company pays $5, 000 in rent per month, it remains the same even if there is no output for the month. Conversely, a variable cost is dependent on the production output level of goods and services.

Detailed explanation-5: -Answer and Explanation: Rent on a factory building is a fixed cost. Rent on a factory building is a fixed cost because the rent has to be paid even if the goods or services are not produced in the factory.