Yes.
Shipping cost is a combination of fixed and variable expense.
Fixed expense of shipping would be payment and insurance.
Variable expense of shipping would be fuel cost.
Yes, shipping charges are a mixed cost because it depends on various type of charges, taxes etc.. and its also depend on the distance of the target. So, its better if you ask about all charges upfront from a shipping service provider company.
yes
It means it is worth a lot.
No, telephone expense is an administration expense and administration expenses are not included in product cost so not a variable cost in the sence of product cost.
Fixed
The difference between a cost and an expense lies on the matter of distinguishing and separately recognizing the used, utilized and expired portion of the cost, being that part is what we called an expense. An expense can also be described as a cost forgone since it is already been utilized and used. The expense is also recognized only in the income statement rather than in the balance sheet since utilization is recognized for a certain period of time. On the other hand, an unused or an unexpired cost is reported in the balance sheet as at a certain point of time. A costmight be an expense or it might be an asset. An expense is a cost that has expired or was necessary in order to earn revenues.
yes
This all depends on the weight and expense of the car. Also on what form of transportation and what class shipping.
Variable is the cost of paper compost liners. The expense reflects the supplier and the transport. On-line orders tend to include shipping costs.
Freight out is typically classified as a selling expense. It includes the cost of shipping goods to customers and is directly related to the sales process. Cost of goods sold, on the other hand, includes the direct production costs of goods sold, such as materials, labor, and overhead expenses.
Advantages:Fresher produceQuicker restock to distributorsBoosts local economyLower cost (less shipping and handling, lower warehousing requirements, no tariffs)Disadvantage:Smaller selectionFewer choicesLimited supplyGreater expense due to shipping and distribution costs
It means it is worth a lot.
Shipping expenses are variable. It depends on how much you ship and if you ship different size things or not.
Marketing expense is not a period cost. Typically, marketing expense will be reflected under S&A on the income statement.
No, telephone expense is an administration expense and administration expenses are not included in product cost so not a variable cost in the sence of product cost.
depending on if the expense is a recurring is whether or not it can be fixed . most expense are unseen and therefore can not be put in as a fixed cost
Fixed
cost of shipping = X total cost 100 the you cross multiply: 100 x (the cost of shipping) is equal to X x (the total cost) 100(the cost of shipping) = X(the total cost) whatever you find x to be is the percent example: cost of shipping is 7 dollars. the total cost of what you bought is 50 dollars. 100(7) = X(50) 700 = 50X 14 = X the percent of shipping from the total cost is 14% hope I helped!