fixed and variable
mixed cost
It seems like it could be both. Variable because you have to do more maintenance as you increase production. Partially fixed because maintenance is necessary even if you don't product anything. If I were going to guess on an exam/homework, I'd go with variable though.
At zero production variable cost will be zero because variable cost is the cost occured for producing a product but their will be some fixed cost.
Variable Costs and fixed costs
The law of variable proportion is basically a study of production functions. The factors used include fixed and variable factors.
Fixed costs plus variable costs.
It seems like it could be both. Variable because you have to do more maintenance as you increase production. Partially fixed because maintenance is necessary even if you don't product anything. If I were going to guess on an exam/homework, I'd go with variable though.
It is considered as fixed overhead cost because it doesn't dependant on level of production
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.
Variable costs are different in this sense that fixed cost remains fixed and it has no impact of change in production level while variable cost changes with the change in production level.
variable
If it varies with the level of production then it is variable cost otherwise it is fixed cost.
Depreciation is a fixed cost because variable cost is that cost which change with the change in the production units but it doesn't put any effect on depreciation as depreciation of the equipment will remain same no matter you produce maximum number of units or produce no unit in fiscal year.
If direct material and direct labor remains fixed irrespective of production volume then these are fixed costs otherwise these are variable costs and normally these are variable costs because it varies with the production volume.
At zero production variable cost will be zero because variable cost is the cost occured for producing a product but their will be some fixed cost.
Labor cost can be fixed as well as variable. That labor which varies with changes in level of production then it is variable cost but if labor remain fixed then it is fixed cost.
Variable Costs and fixed costs
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.