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A fixed expense is an expense that doesn't change, regardless of the activity level. For most companies, rent expense is fixed. No matter what the company's sales volume, rent expense stays the same.
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Is administrative expense a fixed cost or variable?
Fixed
Is rent an example of an fixed expense?
Yes normally rent is fixed expense and need to be paid even there is no production at all.
Which of these is considered a fixed expense?
insurance
Is interest expense a fixed cost?
yes
Are General Expenses a fixed Cost?
Some general expenses are fixed, meaning that they are the same amount every month, but many are not. When the expense depends on usage, such as electricity, it will not be fixed, but will vary from month to month. An example of a fixed general expense would be a monthly retainer or fee paid to an accountant or lawyer. If the expense is the same amount every month, it is called a fixed cost.
Is administrative expense a fixed cost or variable?
Fixed
Can an expense be defined as variable cost and fixed costs?
depending on if the expense is a recurring is whether or not it can be fixed . most expense are unseen and therefore can not be put in as a fixed cost
Is interest on fixed deposit an expense or income?
To the depositor, it is an income but to the bank or institution providing the fixed deposit as a product, it is an expense.
Is a sells commission a variable expense?
If amount of sales commission is fixed and not base on number of units sold then it is fixed expense and vice versa.
Is rent an example of an fixed expense?
Yes normally rent is fixed expense and need to be paid even there is no production at all.
Which of these is considered a fixed expense?
insurance
Is paying for transportation a fixed expense?
yes
Is interest expense a fixed cost?
yes
Is a movie ticket a fixed expense?
yes
The pay type that is the easiest to plan a fixed budget around is?
Salary. It is a fixed expense.
What is an expense that does not change each month?
fixed expenses do not change, variable expenses do.
Are General Expenses a fixed Cost?
Some general expenses are fixed, meaning that they are the same amount every month, but many are not. When the expense depends on usage, such as electricity, it will not be fixed, but will vary from month to month. An example of a fixed general expense would be a monthly retainer or fee paid to an accountant or lawyer. If the expense is the same amount every month, it is called a fixed cost.
