The fact that participating in an internet auction means that you will need to purchase a computer, learn to use it, and pay for internet access, is an example of costs.

Equipment

Explanation:

When establishing a new business, it is important to take into account the cost of equipment. This includes several elements, including the cost of purchasing the equipment itself, as well as the taxes on it, the transportation fees, the insurance that is paid to cover such an item, the assembly, the installation and the maintenance. In short, it includes all the aspects that are considered necessary for the item to work.

urban company reports the following information regarding its production cost: units produced 37,000 units direct labor $ 30 per unit direct materials $ 35 per unit variable overhead $ 237,000 in total fixed overhead $ 127,000 in total

answer(b) partnership';