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Costs and expenses that tend to remain constant in total regardless of variations in volume of activity?
Wiki User
∙ 10y ago
cost and expense that tend to remain constant in total regardless of variations in volume of activity are termed?
Wiki User
∙ 10y ago
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Expenses that are not affected by sales volume are called?
Expenses that are not affected by sales volumes are called fixed costs. These costs remain constant regardless of the number of units produced or number of units sold. An example would be the lease on a building. Sales volume may fluctuate but lease payments typically remain constant (as outlined by the lease agreement).
What is a cost that remains constant in a total at various levels of activity?
This is called a fixed cost.In economics, fixed costs, are business expenses that are not dependent on the level of goods or services produced by the business.
What kind of asset preliminary expenses?
Preliminary expenses are expenses prior to start of operating activity and shown in assets side as an other assets.
What do you mean by expenses?
Preliminary expenses are all those expenses which company incurred before starting of basic busines activity or production of volume of units like legal expenses etc.
What is Preliminary Expenses?
All the expenses which a business incurred from start of business to actual start of operations of revenue generating activity of business is called preliminary expenses.
What do you mean by premliminary expenses?
Preliminary expenses are all those expenses which company incurred before starting of basic busines activity or production of volume of units like legal expenses etc.
What are relining expenses?
Relining expenses are expenses incurred to protect and preserve the insulation layer of the Kiln which gets damaged and worn out on account of high temperature and constant wear and tear.
Why is interest expense treated as non operating expense?
Interest expenses are not operating expenses because interest is normally a financing activity as finance is acquired to run business operating activity is to manufacture product for sale.
What are fixed cost expenses?
Costs that need to be payed regardless of whether or not your business makes a sale/profit.
Why would companies increase revenue rather than reduce expenses?
Increasing revenue is indicative of a growing company. ALL companies should try to reduce expenses... regardless of growth.
Which is a true statement about receipts in dts?
Receipts are mandatory for all expenses of $75 or more regardless of expense type.
What do you mean by overhead?
The ongoing administrative expenses of a business which cannot be attributed to any specific business activity.
