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When fixed cost treated as relevant cost?
Fixed cost become relevent cost when a particular decision affects the fixed cost of production. For Example: Before Decision fixed cost $100 After Decision Fixed Cost $120 so in this case fixed cost also becomes relevent for decision making.
Is capital a fixed cost?
capital is a fixed cost
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
Select a cost in your industry that is a fixed cost and why is it considered to be a fixed cost?
rental
When is fixed cost relevant in decision making?
When there will be change in fixed cost of business then at that time fixed cost will be relevant cost For Example if acquiring new machinery will reduce the amount of fixed expense in that case fixed cost is also relevant.
Is clerical salaries a fixed cost or variable cost?
its a fixed cost
How much does it cost to fix a oil leak on a Volvo?
Depends on where the leak is and how much you are willing to spend. Best thing is to take it to a reputable shop and get a written estimate on what needs to be fixed.
Is the fixeds selling cost is fixed cost?
Selling cost which remains fixed and don't have any impact on production level is called fixed cost.
What cost is not a fixed cost?
A cost which varies with the level of production activity is not a fixed cost and called variable cost.
Is the cost of a new factory an example of a fixed cost?
yes it is an example of fixed cost
Is rent fixed cost?
yes rent is usally a fixed cost
How do you calculate your variable cost and fixed cost given total costs and sales volumes?
Total Costs = Fixed Cost + Variable Cost soVariable Cost = Total Costs - Fixed Cost.
