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What else can I help you with?
Is administrative expense a fixed cost or variable?
Fixed
Is interest expense a fixed cost?
yes
Is interest from fixed deposit an expense or income?
an income
What is the difference between variable cost and stepped cost?
Step Cost remains fixed for certain range of expense and then increases while variable cost change with change in every unit of product.
Is bad debt a fixed cost expense?
No. Because it is calculated as a percentage of accounts receivable or net income it will be variable.
Is administrative expense a fixed cost or variable?
Fixed
What is an expense that does not change each month?
fixed expenses do not change, variable expenses do.
Can an expense be defined as variable cost and fixed costs?
depending on if the expense is a recurring is whether or not it can be fixed . most expense are unseen and therefore can not be put in as a fixed cost
A cell phone bill is usually an example of which of these?
Fixed expense plus a variable
Is interest expense a fixed cost?
yes
Is a car payment a variable expense or liability?
A car is a variable expense having the following properties: Car payment ( fixed Expense) Maintenance and usage costs (variable) So in total it is a variable expense. A car payment is considered a liability.
Is interest on fixed deposit an expense or income?
To the depositor, it is an income but to the bank or institution providing the fixed deposit as a product, it is an expense.
Is interest from fixed deposit an expense or income?
an income
Is the interest rate on this credit card variable or fixed?
The interest rate on this credit card is fixed.
Is fixed interest rate better than variable interest rate for banks?
Yes, because a variable interest rate can go up as high as 9% APR when you can get a fixed APR of 3.5%. Also with variable interest your payments will always jump around and with fixed your payments are what you sign.
When the variable costing method is used how does fixed factory overhead appear on the income statement?
fixed expense
Is a sells commission a variable expense?
If amount of sales commission is fixed and not base on number of units sold then it is fixed expense and vice versa.
