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Fixed expenses are those expenses which don't have any relation with actual production volume, examples are building rent, administration staff salaries, administration expenses etc
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∙ 10y ago
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Is administrative expense a fixed cost or variable?
Fixed
What is a fixed expense?
A fixed expense is an expense that doesn't change, regardless of the activity level. For most companies, rent expense is fixed. No matter what the company's sales volume, rent expense stays the same.
Can an expense be defined as variable cost and fixed costs?
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
Is interest on fixed deposit an expense or income?
To the depositor, it is an income but to the bank or institution providing the fixed deposit as a product, it is an expense.
Is a sells commission a variable expense?
If amount of sales commission is fixed and not base on number of units sold then it is fixed expense and vice versa.
Is rent an example of an fixed expense?
Yes normally rent is fixed expense and need to be paid even there is no production at all.
An item maybe termed inventory in one enterprise The same item may be termed fixed asset or expense in another enterpriseExplain and give at least 2 examples?
The purchase of a car in one business could be inventory for one business and a fixed asset to another business or expense.
Which of these is considered a fixed expense?
insurance
When is an expense called a fixed?
A fixed expense in one that is paid on a regular basis. Here are two examples. A mortgage on a property is normally a large debt that must be paid each month in order to keep that property. Another example is utility bills for water, gas, and electricity. These debts are also fixed ones that require payments for ongoing services.
Is paying for transportation a fixed expense?
yes
Is interest expense a fixed cost?
yes
Is a movie ticket a fixed expense?
yes
