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Q: Is lighting and heating a variable cost?
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What is the journal entry for heating and lighting accrued?

Debit heating and lighting expensesCredit expenses payable


How segregate the semi variable cost?

In semi variable cost :variable cost = change in cost/change in output then with that rate * output = variable cost semi variable cost - variable cost = fixed cost


Marginal versus variable costing?

Variable cost refers to the TOTAL variable cost of all units, whereas marginal cost is the variable cost of the last unit only. Variable cost is the sum of all the individual marginal costs. The derivative of the Variable Cost is the Marginal Cost. The integral of the Marginal cost is the Variable Cost.


What are uses to which fire can be put?

Heating, lighting, & destruction.


Is janitorial cost a variable cost?

No, Janitorial Cost is not a variable cost, it is a Fixed Cost.


Is the depriciation cost is variable cost?

yes..depreciation cost is the variable cost..


How do you calculate variable cost?

Variable cost = Total Cost/ fixed cost


What is the formula to find the average variable cost?

Average Variable Cost = Total Variable Cost/ Quantity Average Cost = Average Fixed Cost + Average Variable Cost Average Cost = Total Cost/Quantity


Is heating a physical change?

It can be depending on what the variable is.


Is the cost of fuel for vehicles a variable cost?

Variable cost: The cost change with the change in activity is called variable cost. So as much fuel used cost increased accordingly so it is variable cost.


What is an overhead?

An overhead is a cost that is not directly related to the production of a specific good or service but that is indirectly related to the production of several goods or services. For example, the cost of maintaining an office or factory - lighting, heating etc.


Hom much would it cost to start a mechanic shop?

well you would have to pay for the land to build it on and then the tools the space and finally the lighting heating, etc. so it would cost an average of 85,000