The simple rule is that if every order requires shipping fee then it is variable cost because as many as the number of orders variable cost will vary as well, but if total shipping cost remain as fixed amount no matter how many orders are shipped the shipping cost is classified as fixed cost.
The simple rule is that if every order requires shipping fee then it is variable cost because as many as the number of orders variable cost will vary as well, but if total shipping cost remain as fixed amount no matter how many orders are shipped the shipping cost is classified as fixed cost.
Yes. Shipping cost is a combination of fixed and variable expense. Fixed expense of shipping would be payment and insurance. Variable expense of shipping would be fuel cost.
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
No, Janitorial Cost is not a variable cost, it is a Fixed Cost.
Variable cost = Total Cost/ fixed cost
The simple rule is that if every order requires shipping fee then it is variable cost because as many as the number of orders variable cost will vary as well, but if total shipping cost remain as fixed amount no matter how many orders are shipped the shipping cost is classified as fixed cost.
Yes. Shipping cost is a combination of fixed and variable expense. Fixed expense of shipping would be payment and insurance. Variable expense of shipping would be fuel cost.
Shipping expenses are typically considered variable costs, as they fluctuate based on the volume of goods shipped. However, they can also have fixed components, such as minimum charges or contracts that establish a baseline cost regardless of shipping volume. Therefore, shipping expenses can be classified as mixed costs, depending on the specific circumstances of the shipping arrangement.
A variable cost is the cost dependent upon how much is being sold. In order to determine this cost it is necessary to know what is being sold and how much is needed to be sold to make a profit. Take the cost of the tea and what is needed to make the tea, cost of shipping items to store, and cost of employee wages. This will give you a total for the variable cost. Then you divide the total variable cost by the production volume.
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
Shipping expenses are variable. It depends on how much you ship and if you ship different size things or not.
Variable is the cost of paper compost liners. The expense reflects the supplier and the transport. On-line orders tend to include shipping costs.
Variable cost refers to the TOTAL variable cost of all units, whereas marginal cost is the variable cost of the last unit only. Variable cost is the sum of all the individual marginal costs. The derivative of the Variable Cost is the Marginal Cost. The integral of the Marginal cost is the Variable Cost.
No, Janitorial Cost is not a variable cost, it is a Fixed Cost.
Variable cost = Total Cost/ fixed cost
yes..depreciation cost is the variable cost..
Average Variable Cost = Total Variable Cost/ Quantity Average Cost = Average Fixed Cost + Average Variable Cost Average Cost = Total Cost/Quantity