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What are examples of fixed and variable cost factory?
examples of fixed cost factory are salary, rent, electricity bills while variable cost are purchase of raw materials,
Is transportation a fixed or variable cost?
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.
What are examples of fixed and variable cost in a hairdressers?
FixedRentWages and SalariesHeatingLightingMarketing/AdvertisementVariableEquipmentFurniture
What are examples of Variable Cost?
AnswerVariable costs change in relation to (and generally in proportion to) sales. Examples include:Chlorine costs for a pool-service company. (More pools serviced = more revenues = more chlorine bought).The cost of nails for a building contractor. (More houses sold = more nails bought).The cost of temporary labor for a temporary staffing company. (More temps placed = more temps hired and paid.)The cost of paper for a printing company. (More jobs printed = more paper used)The cost of beef for a restaurant. (You get the idea).**Costs will increase per production**if there are no production, then there are no coststherefore any 'materials' is an example
Examples of semi variable direct costs?
An example of semi variable direct costs is wages. Since semi variable costs are partially fixed and variable, regular labor is fixed costs, as production rises and workers have overtime the overtime is considered the variable cost.
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 factory?
examples of fixed cost factory are salary, rent, electricity bills while variable cost are purchase of raw materials,
Is transportation a fixed or variable cost?
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.
What are examples of fixed and variable cost in a hairdressers?
FixedRentWages and SalariesHeatingLightingMarketing/AdvertisementVariableEquipmentFurniture
Examples of fixed costs and variable costs in hospital?
Fixed Costs: Salaries Variable Costs: Medicines, ambulance fuel, paper, "CEO & friends"benefits package.
What are examples of Variable Cost?
AnswerVariable costs change in relation to (and generally in proportion to) sales. Examples include:Chlorine costs for a pool-service company. (More pools serviced = more revenues = more chlorine bought).The cost of nails for a building contractor. (More houses sold = more nails bought).The cost of temporary labor for a temporary staffing company. (More temps placed = more temps hired and paid.)The cost of paper for a printing company. (More jobs printed = more paper used)The cost of beef for a restaurant. (You get the idea).**Costs will increase per production**if there are no production, then there are no coststherefore any 'materials' is an example
Examples of semi variable direct costs?
An example of semi variable direct costs is wages. Since semi variable costs are partially fixed and variable, regular labor is fixed costs, as production rises and workers have overtime the overtime is considered the variable cost.
What are examples of organizations with high variable costs and low fixed costs?
Arilines, utility Companies
What are examples of organizations with high fixed costs and low variable costs?
Arilines, utility Companies
What are examples of organizations with low fixed costs and high variable costs?
Arilines, utility Companies
Distinguish between fixed cost and variable cost?
A fixed cost is a cost (in the short-run) that does not change based on the production output in a business; i.e. no matter how many products a company makes/sells, these costs do not change. Examples include rent, salaries, and insurance. A variable cost is a cost (in the short-run) that changes based on the amount of output in a business; i.e. the cost increases if the company makes/sells more products, and vice-versa. Examples include wages, cost of goods sold, and income tax. Under classical economic theory, all costs are variable in the long-run.
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.
