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Technically speaking, it is a Fixed cost. Although the price may vary from month to month, it will always be within a fixed range.
Jonathon Witting
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What are examples of variable indirect costs?
electricity cost, fuel, utilities etc. because these vary according units and not directly count for unit.
Utilities is variable cost or fixed cost?
it is obviously variable
What are examples of fixed and variable cost in shopping center?
Some fixed costs of running a shopping center would be rent, employee salary (if not commission based), utilities (if you maintain consistent hours of operation). Some variable costs would be Cost of goods sold, commissions, and perhaps shipping costs.
What are the examples of fixed costs?
Fixed Costs are expenses that don't change based on production or sales volumes. They include salaries, rent, insurance, accountancy costs. Variable Costs are expenses that vary based on production volumes. They include material, labor, utilities, and delivery costs
What are some examples of Variable Expenses?
utilities
How do fixed costs and variable costs apply to the airline industry?
Fixed costs: Rent of buildings, lease payments, maintenance of property, insurance, utilities. Variable costs: Fuel, salary of crew, passenger refreshments, costs related to ground handling, etc.
What is the profit margin in owning a bowling alley?
There isn't a definitive profit margin. Just like in the restaurant industry, there are variable costs, such as labor, utilities, food costs and such as well as fixed costs, such as land, equipment.
What are examples of variable indirect costs?
electricity cost, fuel, utilities etc. because these vary according units and not directly count for unit.
Utilities is variable cost or fixed cost?
it is obviously variable
What are examples of fixed and variable cost in shopping center?
Some fixed costs of running a shopping center would be rent, employee salary (if not commission based), utilities (if you maintain consistent hours of operation). Some variable costs would be Cost of goods sold, commissions, and perhaps shipping costs.
Which of these is an example of a variable expense?
Utilities
What are the examples of fixed costs?
Fixed Costs are expenses that don't change based on production or sales volumes. They include salaries, rent, insurance, accountancy costs. Variable Costs are expenses that vary based on production volumes. They include material, labor, utilities, and delivery costs
How are fixed costs separated from variable costs?
Fixed costs pertain to expenditures (bills) that you have to pay regardless as to how well your business is doing. Taxes, utilities, maintenance and such. Variable costs change depending on your circumstances. If your sales of a given product increase, you will need to spend more in acquiring the materials needful to make that product, or hire additional workers to make it, and such like that.
What are some examples of Variable Expenses?
utilities
Are variable costs included in operating costs?
Variable operating costs + fixed operating costs = total operating costs.
What things do variable costs include?
Variable costs vary depending on a company's production. Production, or output, and costs are included in variable costs. Production and costs are directly related.
What is the difference between average total costs and average variable costs?
Average total cost is the average of all your costs. This is your Fixed Costs and your Variable costs. Average Variable Cost is the average of your costs that can fluctuate.
