asked 211k views
2 votes
Sonia opened a yoga studio where she teaches classes and sells yoga clothing. fixed costs for sonia's yoga studio include the cost of the

1 Answer

4 votes
fixed costs for sonia's yoga studio include the cost of the:
(ii) wages paid to the other yoga instructors.
(iii) the lease on the studio space.

Fixed cost refers to the amount of expense which will remain contant no matter how much output or transactions that Sonia made for her business. This includes yearly salary, rent , insurance payment, etc)
answered
User Shoval Sadde
by
7.6k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.