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What else can I help you with?
Is depreciation a controllable cost?
No. Depreciation would be considered an uncontrollable cost because it is fixed
Why is gasoline considered a variable cost?
Because the price of gasoline changes quite often and is not a fixed cost.
Is straight-line depreciation on equipment fixed or variable?
It is considered as fixed overhead cost because it doesn't dependant on level of production
In estimating the profitability of a catering business blank is most likely to be considered a fixed expense in your overhead cost?
An example of a fixed cost for catering would include rent; utilities, equipment and insurance.
When fixed cost treated as relevant cost?
Fixed cost become relevent cost when a particular decision affects the fixed cost of production. For Example: Before Decision fixed cost $100 After Decision Fixed Cost $120 so in this case fixed cost also becomes relevent for decision making.
Can fixed cost and variable cost be considered as Overhead cost?
Overhead is considered a fixed cost, even though it may vary somewhat according to the amount of activity.
Is Factory insurance fixed cost?
Factory insurance is considered a fixed cost within a monthly or annual budget. When putting together a budget that goes longer than one year factory insurance would not be considered a fixed cost.
Is a salesman's salary considered a fixed or variable cost?
variable
Is depreciation a controllable cost?
No. Depreciation would be considered an uncontrollable cost because it is fixed
Why is gasoline considered a variable cost?
Because the price of gasoline changes quite often and is not a fixed cost.
Why marginal costing method not Suitable to be used by manufacturer for external financial reporting and tax purpose?
I think..... In marginal costing method only variable cost is considered as product cost and fixed cost is not considered as product cost. But in reality product cost include fixed and variable, thus both variable and fixed costs should be considered while allocating cost. Marginal costing is used for inside reporting and absorption costing is used for outsider to clarify the real cost of product........ Am i right? Please confirm it
Is straight-line depreciation on equipment fixed or variable?
It is considered as fixed overhead cost because it doesn't dependant on level of production
Is a supervisor's salary a fixed or variable cost?
A supervisor's salary typically is considered a fixed cost. The salary of a supervisor typically would not be variable, unless there were other things involved, such as bonus pay.
In estimating the profitability of a catering business blank is most likely to be considered a fixed expense in your overhead cost?
An example of a fixed cost for catering would include rent; utilities, equipment and insurance.
When fixed cost treated as relevant cost?
Fixed cost become relevent cost when a particular decision affects the fixed cost of production. For Example: Before Decision fixed cost $100 After Decision Fixed Cost $120 so in this case fixed cost also becomes relevent for decision making.
Is capital a fixed cost?
capital is a fixed cost
Are magazine subscriptions fixed cost?
Yes, magazine subscriptions are typically considered fixed costs because the cost remains the same regardless of how many issues are received during the subscription period.
