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wages are variable cost reason being is that wages are being used over and over again and does not remain constant.
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Fixed cost variable cost equals?
Fixed cost and variable cost is equal to total cost as per following formula: Total Cost = Fixed Cost + Variable Cost
Is clerical salaries a fixed cost or variable cost?
its a fixed cost
Examples of semi variable direct costs?
An example of semi variable direct costs is wages. Since semi variable costs are partially fixed and variable, regular labor is fixed costs, as production rises and workers have overtime the overtime is considered the variable cost.
IS wages a fixed cost?
No, wages are typically considered a variable cost because they fluctuate based on factors such as the number of hours worked and the rate of pay. Fixed costs, on the other hand, do not change with the level of production or sales.
Is wages paid to a temporary personnel a fixed cost?
Yes. Variable cost varies with the activity of the business. Unless the wage given is in accordance with the activity level for e.g. piece rate, then it should be fixed cost.
What determines the difference between a variable and a fixed cost?
The relataionship of cost between the level of production is determine the fixed or variable cost if cost change with production level then it is variable cost otherwise fixed cost.
Is maintenance on production equipment a fixed variable or mixed cost?
fixed and variable
Production cost is which kind of cost variable or fixed cost?
variable
What is the the variable costs plus the fixed costs?
Type your answer here... fixed cost + variable cost = total cost
How do you calculate variable cost?
Variable cost = Total Cost/ fixed cost
Utilities is variable cost or fixed cost?
it is obviously variable
Is janitorial cost a variable cost?
No, Janitorial Cost is not a variable cost, it is a Fixed Cost.
