Answer:
An example of a fixed cost for Sam's Shoe Co., which produces only one kind of shoe, would be the cost of the factory rent or lease. Fixed costs are expenses that do not vary with the level of production or sales, such as rent, salaries, insurance, or property taxes. In this case, the factory rent would be a fixed cost because it is a recurring cost that the company must pay regardless of how many shoes it produces. Other examples of fixed costs in a shoe manufacturing business might include the cost of machinery or equipment, utilities, or administrative expenses that do not vary with the level of output.
Step-by-step explanation:
hope this helps