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Boxes are typically considered variable costs, as their expenses fluctuate based on the volume of products being produced or sold. The more products a company manufactures or ships, the more boxes it will need, leading to changes in cost. However, if a company has a fixed contract for a certain number of boxes, that portion could be considered a fixed cost.
What else can I help you with?
Variable costs are relevant and fixed costs are irrelevant?
Generally variable costs are relevant costs but if due to any decision fixed costs are also going to affected then fixed costs are also relevant costs.
How many types of cost?
There are variable and fixed costs. Businesses can manipulate the variable costs, but they cannot change their fixed costs in business.
Do you subtract both fixed and variable from revenue to get profit?
Yes, to calculate profit, you subtract both fixed and variable costs from revenue. Fixed costs are expenses that do not change with the level of production, while variable costs fluctuate with production volume. The formula can be summarized as: Profit = Revenue - (Fixed Costs + Variable Costs). This gives you the net profit or loss for a given period.
Examples of semi variable direct costs?
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.
What are semi variable direct costs?
They are costs that involve an element of both fixed and variable costs eg a telephone bill involves line rental (fixed) plus cost for calls made (variable)
Variable costs are relevant and fixed costs are irrelevant?
Generally variable costs are relevant costs but if due to any decision fixed costs are also going to affected then fixed costs are also relevant costs.
How many types of cost?
There are variable and fixed costs. Businesses can manipulate the variable costs, but they cannot change their fixed costs in business.
What is the the variable costs plus the fixed costs?
Type your answer here... fixed cost + variable cost = total cost
Is Janatorial Costs a fixed mixed or variable cost?
The three types of cost you are referring to are Fixed, Semi Variable and Variable Costs. On a well though out COA the janitorial costs would fall under administrative costs. Thus fixed.
Examples of fixed costs and variable costs in hospital?
Fixed Costs: Salaries Variable Costs: Medicines, ambulance fuel, paper, "CEO & friends"benefits package.
Are variable costs included in operating costs?
Variable operating costs + fixed operating costs = total operating costs.
Do you subtract both fixed and variable from revenue to get profit?
Yes, to calculate profit, you subtract both fixed and variable costs from revenue. Fixed costs are expenses that do not change with the level of production, while variable costs fluctuate with production volume. The formula can be summarized as: Profit = Revenue - (Fixed Costs + Variable Costs). This gives you the net profit or loss for a given period.
Examples of semi variable direct costs?
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.
Fixed costs and variable costs in a florist shop?
a fixed cost would be electricity bills and a variable costs would be paying employees a salary not wayes !
How do you determine total costs?
Total cost is determined by adding fixed costs and variable costs together. fixed cost + variable cost = total cost
What are variable direct costs?
They are costs that involve an element of both fixed and variable costs eg a telephone bill involves line rental (fixed) plus cost for calls made (variable)
How do you calculate your variable cost and fixed cost given total costs and sales volumes?
Total Costs = Fixed Cost + Variable Cost soVariable Cost = Total Costs - Fixed Cost.
