Question

A fixed cost that supports the operations of more than one segment, but is not traceable in whole or part to any one segment is a(n) (1) fixed cost. (Enter only one word per blank.)

Answer 1

A fixed cost that supports the operations of more than one segment, but is not traceable to any one segment is called common fixed cost. Examples of common fixed costs include administrative salaries, rent for shared office spaces, and utility costs for a company's headquarters.

Step-by-step explanation:

A fixed cost that supports the operations of more than one segment, but is not traceable to any one segment is called common fixed cost.

Common fixed costs are costs that are incurred for the benefit of multiple segments or departments within a company. These costs cannot be directly attributed to any specific segment or department.

Examples of common fixed costs include administrative salaries, rent for shared office spaces, and utility costs for a company's headquarters.