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examples of fixed cost factory are salary, rent, electricity bills while variable cost are purchase of raw materials,
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Examples of variable cost and fixed cost?
Direct labor and direct material is example of variable cost which increase with each increase of unit. Factory rent is example of fixed cost which remains fixed even in change in number of units produced.
Is indirect materials factory a fixed or variable cost?
no
What are examples of fixed and variable cost in a hairdressers?
FixedRentWages and SalariesHeatingLightingMarketing/AdvertisementVariableEquipmentFurniture
What are examples of fixed and variable cost in transportation company?
Purchasing of motor vehicle is example of fixed cost while using fuel for running those motor vehicles is a variable cost.
Difference between marginal cost accounting statements and absorption cost accounting statement?
marginal costing considers only direct) materials,labour,expenses and variable factory overheads excluding fixed factory overheads but absorption considers (direct) materials ,labour,expenses,variable and fixed factory overheads.
Examples of variable cost and fixed cost?
Direct labor and direct material is example of variable cost which increase with each increase of unit. Factory rent is example of fixed cost which remains fixed even in change in number of units produced.
Is indirect materials factory a fixed or variable cost?
no
What are examples of fixed and variable cost in an airline company?
Some of the Variable costs are Fuel Cost, energy, and operating cost
What are examples of fixed and variable cost in a hairdressers?
FixedRentWages and SalariesHeatingLightingMarketing/AdvertisementVariableEquipmentFurniture
What are examples of fixed and variable cost in transportation company?
Purchasing of motor vehicle is example of fixed cost while using fuel for running those motor vehicles is a variable cost.
Fixed cost variable cost equals?
Fixed cost and variable cost is equal to total cost as per following formula: Total Cost = Fixed Cost + Variable Cost
Is clerical salaries a fixed cost or variable cost?
its a fixed cost
How is the total cost of a factory or other production site determined?
Fixed costs plus variable costs.
How is the total cost of a factory of other production site determined?
Fixed costs plus variable costs.
Difference between marginal cost accounting statements and absorption cost accounting statement?
marginal costing considers only direct) materials,labour,expenses and variable factory overheads excluding fixed factory overheads but absorption considers (direct) materials ,labour,expenses,variable and fixed factory overheads.
Is factory labor fixed cost?
It depends with the nature of labour in factory, if the labor is on daily basis or for specific number of units produced then it is variable cost but if labor has no connection with the volume of production of units then it is fixed cost as they have to pay no matter production is done or not.
What determines the difference between a variable and 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.
