Transportation can be both a fixed and variable cost, depending on the context. Fixed transportation costs include expenses such as leasing vehicles or maintaining a fleet, which do not change with the volume of goods transported. In contrast, variable transportation costs fluctuate with the level of production or sales, such as fuel, maintenance, and shipping fees, which increase or decrease based on the amount of goods moved. Overall, it is important to analyze the specific transportation expenses to determine their classification.
Purchasing of motor vehicle is example of fixed cost while using fuel for running those motor vehicles is a variable cost.
The relataionship of cost between the level of production is determine the fixed or variable cost if cost change with production level then it is variable cost otherwise fixed cost.
Variable cost = Total Cost/ fixed cost
it is obviously variable
No, Janitorial Cost is not a variable cost, it is a Fixed Cost.
Purchasing of motor vehicle is example of fixed cost while using fuel for running those motor vehicles is a variable cost.
Fixed cost and variable cost is equal to total cost as per following formula: Total Cost = Fixed Cost + Variable Cost
its a fixed cost
The relataionship of cost between the level of production is determine the fixed or variable cost if cost change with production level then it is variable cost otherwise fixed cost.
fixed and variable
variable
Type your answer here... fixed cost + variable cost = total cost
Variable cost = Total Cost/ fixed cost
it is obviously variable
No, Janitorial Cost is not a variable cost, it is a Fixed Cost.
If it varies with the level of production then it is variable cost otherwise it is fixed cost.
Variable