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what does fixed costs mean
Fixed costs are considered capacity costs because if a company expands, fixed costs will change. Additionally, if a company adds more resources, fixed costs will change.
Generally variable costs are relevant costs but if due to any decision fixed costs are also going to affected then fixed costs are also relevant costs.
Yes normally fixed costs are period costs because these costs have to be paid no matter production done or not.
Fixed costs are assigned to all products. Variable costs are assigned only to the product that led to the cost.
What are the square foot construction costs for a 3-story condo building and a 10-story condo building in Chandler, Arizona ? - Terry
Fixed costs are costs that donot vary with the quantity of the product produce and have no relation with volume of product like administration staff salary or building rent etc.
A local builder or construction firm can answer your question.
Following are direct costs:1 - Cement2 - workers3 - Electricity etc
Costs vary by geographic location.
Robert Leroy Peurifoy has written: 'Construction planning, equipment, and methods' -- subject(s): Building 'Estimating construction costs' -- subject(s): Building, Estimates
Prelims is an abbreviation for preliminaries in a construction project and refer to costs for works not directly associated with the building of something such as surveys, insurance or mobilisation costs.
Keith Collier has written: 'Fundamentals of construction estimating and cost accounting' -- subject(s): Accounting, Building, Construction industry, Data processing, Estimates 'Estimating construction costs' -- subject(s): Building, Estimates
what does fixed costs mean
There are several sources that home construction costs can be learned about. Online sources include building-cost and zillowblog. Architects, Building Project Managers and Construction companies also give quotes.
Fixed costs are considered capacity costs because if a company expands, fixed costs will change. Additionally, if a company adds more resources, fixed costs will change.
Building costs in 2012 average about $350 per aquare foot but can easily exceed $500 for high end construction.