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Is rates and taxes a fixed cost?

Updated: 9/24/2023
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Q: Is rates and taxes a fixed cost?
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Is property taxes a variable cost?

no....its a fixed cost


Are property taxes a fixed cost?

Yes


How do you determine fixed cost?

A fixed cost is a cost that does not vary. It doesn't matter if you produce 100 widgets or 100 million. You still have to pay taxes on the property.


Rent payments and property taxes would be counted as?

Fixed cost


Is depreciation a fixed cost?

Yes it is a fixed cost. Reason being that a fixed cost remains unchanged in total as the level of activity increases or decreases. Example of fixed costs include depreciation of plant and equipment, cost of council rates and rent.


Is there a cost savings to having fixed mortgage rates?

If the rates are down when you lock into a fixed mortgage rate, than yes, absolutely there are savings. If the rates are high, it's typically better to go with a variable mortgage rate.


Property taxes and rent payments would be classified as which types of costs?

Fixed Cost


What happen to the average fixed cost curve when there is a reduction in business property taxes?

It will shift down.


Do TV rates from Comcast include taxes or will that be extra?

Based on my experience, the rates they advertise never include taxes and other additional fees. You will need to call them up and request a bill estimate to get approximate cost of all the extra fees / taxes.


How much does fixed mortgage interest rates cost?

Fixed mortgage interest rates will vary according to lender, the credit worthiness of the borrower and the Bank of England rate. The rate remains fixed for a specified length of time, typically 2 to five years, and one may be required to pay an administration cost to secure this rate.


How The Lease Rates Are Determined?

The lease rates will depend on your credit history, the equipment cost and the term structure you want. Similarly, rates are fixed and also can be paid off at any time.


Are payroll taxes variable or fixed?

Taxes are fixed, but may change at anytime.