Payroll contains the fixed part in the form of the basic salary or the wage paid. Other than that a worker might go for overtime and this comes under the variable part. Moreover any incentive such as commission etc also forms the variable part hence payroll is a semivariable expense.
If electricity expense is dependant on production level then it is variable expenses other wise some of expenses may be of variable nature while some part is fixed or semi variable nature as well.
Semi-variable costs, as we all know, are costs that both has a fixed and variable costs in it. Semi-variable costs though vary in any way, in does not move in direct proportion with sales and/or any productive activity. The fixed portion of these types of expenses can readily be established/identified, but the variable portion gives us all the burden, since it's the variable portion that requires attention. In preparing a budget, we may take into consideration the movement of the variable portion of these expenses and consider in your re-calculation the actual market price movement and the consumprion or usage to come out with a more reasonable figure.
Semi Monthly payroll means you get paid twice a month - most common semi monthly payrolls are every 5th and 20th.
In semi variable cost :variable cost = change in cost/change in output then with that rate * output = variable cost semi variable cost - variable cost = fixed cost
An example of semi variable direct costs is wages. Since semi variable costs are partially fixed and variable, regular labor is fixed costs, as production rises and workers have overtime the overtime is considered the variable cost.
If electricity expense is dependant on production level then it is variable expenses other wise some of expenses may be of variable nature while some part is fixed or semi variable nature as well.
Semi-variable costs, as we all know, are costs that both has a fixed and variable costs in it. Semi-variable costs though vary in any way, in does not move in direct proportion with sales and/or any productive activity. The fixed portion of these types of expenses can readily be established/identified, but the variable portion gives us all the burden, since it's the variable portion that requires attention. In preparing a budget, we may take into consideration the movement of the variable portion of these expenses and consider in your re-calculation the actual market price movement and the consumprion or usage to come out with a more reasonable figure.
Semi Monthly payroll means you get paid twice a month - most common semi monthly payrolls are every 5th and 20th.
In semi variable cost :variable cost = change in cost/change in output then with that rate * output = variable cost semi variable cost - variable cost = fixed cost
An example of semi variable direct costs is wages. Since semi variable costs are partially fixed and variable, regular labor is fixed costs, as production rises and workers have overtime the overtime is considered the variable cost.
a semi fixed cost moves upward in a step where semi variable cost begining at a given base level
Rubies are traditionally classified as "precious", not "semi-precious".
The semi static character variable is often the plot, if the plot changes, the semi static character may change as well.
How? In what sense? Taxes & withholding? If you want to do an yearlong average, there are 4.3 weeks in each month.
foil
assignment
Direct labor is variable cost as it varies with the change in level of production of units.