0
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.
Wiki User
∙ 10y ago
Add your answer:
Earn +20 pts
What is an example of variable cost in health care?
Electricity, water,....
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 electricity a fixed cost?
It can be either a fixed or a variable costAs a fixed costA fixed cost is one that will not vary due to a change in production volumes or just volumes of a product in general. When electricity is charged at fixed cost for the plant or premises then it can be termed fixed cost. This is because no matter how many products you will sell or produce, the cost of electricity will not change.As a variable costA variable cost is one that varies or changes with the change in production volumes or sales volumes. When electricity is charged due to the consumption then its value will change with the volumes sold or produced therefore is treated as a variable cost
How segregate the semi variable 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
Why is payroll classified as semi variable expenses?
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.
Is electricity cost a variable cost or a fixed cost?
It's a variable cost, as it changes with the change in activity level
Is electricity a variable expense?
No but its cost may be variable depending on how much you use.
What is an example of variable cost in health care?
Electricity, water,....
Is electricity a variable cost?
he will probebley never go back to wwe
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 electricity a fixed cost?
It can be either a fixed or a variable costAs a fixed costA fixed cost is one that will not vary due to a change in production volumes or just volumes of a product in general. When electricity is charged at fixed cost for the plant or premises then it can be termed fixed cost. This is because no matter how many products you will sell or produce, the cost of electricity will not change.As a variable costA variable cost is one that varies or changes with the change in production volumes or sales volumes. When electricity is charged due to the consumption then its value will change with the volumes sold or produced therefore is treated as a variable cost
Are direct costs variable costs?
If direct labor don't change with number of units product then it is fixed cost but if it changes with the change in production units then it Is variable cost.
How is electricity a variable cost?
Technically speaking, electricity can be either or a fixed or a variable cost... it depends on the contract you have with the power company. Some companies will charge you a fixed rate for power per month... in which case it would be a fixed cost. However, most companies will charge you per killowat used. That makes it variable, because it depends on how much power you use.
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 segregate the semi variable 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
What are some examples of semi-variable cost?
An example would be telephone bill, electricity, commission for selling items
Why is payroll classified as semi variable expenses?
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.
