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What are examples of fixed and variable cost factory?
examples of fixed cost factory are salary, rent, electricity bills while variable cost are purchase of raw materials,
Is rent expense a current or fixed liability?
Rent expenses are generally termed Fixed expenses rather than variable expenses. It is fixed because it is consistent of a term and cannot be adjusted if revenues change.
Examples of variable cost and fixed cost?
Direct labor and direct material is example of variable cost which increase with each increase of unit. Factory rent is example of fixed cost which remains fixed even in change in number of units produced.
What is on overhead?
Overhead refers to the cost of a business in a particular period. Specifically, overhead points to fixed and indirect costs. They are non-labor costs. Non-labor costs are variable or fixed. Rent and salaries are examples of fixed costs. Advertising and supplies are variable costs.
What are examples of fixed and variable cost in shopping center?
Some fixed costs of running a shopping center would be rent, employee salary (if not commission based), utilities (if you maintain consistent hours of operation). Some variable costs would be Cost of goods sold, commissions, and perhaps shipping costs.
Is rent variable cost?
yes
Is rent a variable cost?
yes
What is variable rental lease?
how much rent and do you check credit get the apartment
What is the minimum age to rent a car in Oregon?
25 Years of Age. 21-24 Will require a variable surcharge to rent.
What is a variable cost A. office adminidtration B. rent C. building maintenance or D. raw materials?
Raw materials is the only variable cost in the above options.
What are examples of fixed and variable cost factory?
examples of fixed cost factory are salary, rent, electricity bills while variable cost are purchase of raw materials,
Do you have any low income apartments in Kingman, Arizona And if you do, what do they rent for?
There are plenty of HUD apartments in Kingman. Their rent is variable depending on how much you earn. Give the Kingman HUD office a call and see what they have.
Is rent expense a current or fixed liability?
Rent expenses are generally termed Fixed expenses rather than variable expenses. It is fixed because it is consistent of a term and cannot be adjusted if revenues change.
Semi variable indirect costs?
eg:- rent of tlephone line is fixed. But chatges for the calls will be according to the number of calls you made.
What are a business firm's fixed and variable costs of production?
Fixed costs are costs that do not vary with the level of output, such as rent and insurance premiums. Variable costs are costs that change with the level of output, such as wages and raw materials.
Difference between rent and quasi - rent?
Rent is a payment for natural gifts of nature like land. Quasi rent is a payment for man made appliances like machines.As the supply of land cannot be changed, rent persists in both short run and long run. But quasi rent is a short run phenomenon which disappears in the long run when the supply of man made goods is increased.Rent is permanent in nature while quasi rent is a temporary phenomenon.Rent is the disparity amidst total revenue and total costs. Conversely, quasi rent is difference between total revenue variable costs.Some economists regarded rent as unearned income. But quasi rent is a necessary payment which all factors of production receive due to their inelastic supply in the short run.Ricardo's rent arises due to differences in fertility of land. Marshall's quasi rent arises due to the scarcity of man made appliances in the short run.Rent cannot be zero but quasi rent can be zero when the short run price of the commodity equals its average variable cost.
If annual units sold of 6000 raw materials has total annual cost of 3900 and building rent has total annual cost of 9000 what is the unit cost of variable costs?
Building rent of 9000 is assumed to be fixed cost as no matter any work done or not this rent is required to be paid.So raw material cost is total variable cost which is = 3900total units produced = 6000variable cost per unit = 3900 / 6000variable cost per unit = 0.65
