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An expense that varies is one which may be different each time you pay it. The expense is usually based on how many units you buy. For example, the electric bill for an apartment will usually vary each month, depending on how much electricity -- usually measured in kilowatts -- was used in that apartment. Also, if you look at the cost of lobster on some menus, it will list the price as "market price." That means that they will charge you the going rate for lobster, which may change with the seasons.
Phone expenses used to vary depending on how many long distance calls your made, but that practice has almost disappeared with the advent of cell phones where you pay for either a set number of minutes/month or for unlimited calls.
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Any expense that rises or falls is a variable?
Yes.Any number that increases or decreases is a variable as it's value "varies".
Difference between operating expense and direct expense?
Operating expense is the cost of running your day-to-day business. Operating expenses include rent, utilities, supplies, and insurance. Direct expense is an expense that varies with changes in the cost object. Direct expenses include materials needed to manufacture a product, freight charges to transport product, and taxes related to the sale of goods.
Depreciation expense of building is a administrative expense or a selling expense?
selling expense
Is an office expense an indirect expense?
yes it is an indirect expense
Is toner an office expense or an operating expense?
Office expense
What is a non monetary expense?
Monetary expense is basically a cash-money expense, so a non-monetary expense is an expense that isn't money. Some examples would be physical or personal expense.
What is integrated marketing communications used for?
The primary objective of integrated marketing communications is to turn marketing from an expense into a source of revenue. The actual definition of the term varies depending on the source cited.
Is credit card fee expense a selling or administrative expense?
selling expense.
Is utilities asset or expense?
Expense
Is the Depreciation a loss or an Expense?
An expense.
Restructuring charges be classified as an operating expense or as a nonoperating expense?
Should restructuring charges be classified as an operating expense or as a nonoperating expense?
What expense ratio is usual for a mutual fund?
Expense ratios, which indicate the amount of money the fund keeps for management and administrative costs, varies greatly depending on the type of fund. Fully managed funds typically have ratios ranging from less than 1% to over 2%. Indexed funds typically are around .25%.
