Depreciation
Record the entire expenditure as a Fixed Asset. Then use the Fixed Asset Manager to amortize the expense.
When there will be change in fixed cost of business then at that time fixed cost will be relevant cost For Example if acquiring new machinery will reduce the amount of fixed expense in that case fixed cost is also relevant.
The IRS mileage allowance includes all expenditures for gas, maintainance, repair, insurance and any other cost that may be associated with operating a vehicle. So if one claims the standand mileage expense, then receipts such as for gas, new tires, etc., cannot also be claimed. The taxpayer can, however, claim depreciation expense on the vehicle.
If a custom paint scheme was applied when the asset was new (such as a company vehicle), you would add that painting cost to the capitalized cost of the asset. If the painting was done because the assets had been in use and needed freshening up, it would be considered maintenance expense.
New clothing
New clothing
Underpricing is one major expense associated with issuing new shares of common stock.
All states have a lemon law for new cars - never used cars. If a new car develops the same problem 3 times and can not be fixed, the dealership must provide you with a brand new vehicle.
A subscription expense is a regular expenditure on a predetermined basis for a necessary business cost. For example, many auto repair shops lease repair information software that continually changes due to new vehicle rollouts...they don't purchase the software but subscribe to it on a monthly basis of XXX number of dollars...
(E1 - E2)/E1 where E1 is the original expense and E2 is the new, lower expense.
As per IAS 16: If purchase of component of fixed asset is major part of original asset or purchase of component increase the effectiveness or live of asset then it is treated as a part of original price and treated as asset. If purchase of component is routine purchase for small repair etc then it is treated as revenue expense.
yes it is an example of fixed cost