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A fixed cost is one that does not change irrespective of the volume of business that is experienced by the business. Contractual expenses may, at first thought, seem fixed but there is insufficient information in the question to be sure. The contract may involved a sliding scale of expense or may involve increased or decreased expense according to a variety of conditions within the contract. Therefore it does not necessarily follow that a contractual expense is also a fixed expense.
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∙ 11y ago
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What are the two types of expenses?
fixed expenses and variable expenses
How are variable expenses different from fixed expenses?
Variable expenses are those expenses which vary according to production level while fixed expenses are those expenses which have no effect of production level and remain same.
What are the different types of selling expenses?
it is the FIXED and VARIABLE it is the FIXED and VARIABLE expenses only not selling expenses.JOKE.this is a GUESS.haha
Is rent expense a current or fixed liability?
Rent expenses are generally termed Fixed expenses rather than variable expenses. It is fixed because it is consistent of a term and cannot be adjusted if revenues change.
Why are fixed and variable expenses important to your budget?
they are important because you have to pay fixed and they are accountable. variable expenses are important because they can change your budget.
How do you you a sentence with fixed expenses?
sentence do you use fixed expenses in a sentence? that's a sentence^
What does fixed expenses mean?
the word fixed expenses means to rent
What are the two types of expenses?
fixed expenses and variable expenses
How are variable expenses different from fixed expenses?
Variable expenses are those expenses which vary according to production level while fixed expenses are those expenses which have no effect of production level and remain same.
Why are fixed expenses difficult to reduce?
Fixed expenses pay for necessities like rent and utility bills.
What are the different types of selling expenses?
it is the FIXED and VARIABLE it is the FIXED and VARIABLE expenses only not selling expenses.JOKE.this is a GUESS.haha
How do flexible expenses differ from fixed expenses?
Flexible expenses vary over time.
Is rent expense a current or fixed liability?
Rent expenses are generally termed Fixed expenses rather than variable expenses. It is fixed because it is consistent of a term and cannot be adjusted if revenues change.
Why are fixed and variable expenses important to your budget?
they are important because you have to pay fixed and they are accountable. variable expenses are important because they can change your budget.
The margin of safety is equal to?
a. sales-net operation incomeb. sales-(variable expenses/contribution margin)c. sales-(fixed expenses/contribution margin ratio)d. sales-(variable expenses + fixed expenses)
What are examples of a fixed expense?
Fixed expenses are those expenses which don't have any relation with actual production volume, examples are building rent, administration staff salaries, administration expenses etc
What is fixed expences?
expenses that remain the same
