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Is maintenance on production equipment a fixed variable or mixed cost?

fixed and variable


What is BS6201?

A fixed capacitor used in electronic equipment.


What are some examples of fixed capital?

fixed assets are assets that are use in the purchasing of fixed assets example: buildings, land , equipment etc


Is equipment a debit or credit balance account?

equipment is a fixed asset.so it's a Debit balance account.


What class of fixed asset does a fire extinguisher belong?

office equipment


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


Who fixed the electrical equipment?

The electrical equipment was fixed by a qualified electrician who specializes in repairing and maintaining electrical systems. They diagnosed the issue, replaced any faulty components, and ensured that everything was functioning safely and efficiently. Their expertise was crucial in restoring the equipment to proper working order.


Is one of the fixed asset accounts from Office Equipment Land Delivery Equipment or Building will not have a related contra asset account?

LAND


Give two examples of fixed assets in farmers balance sheet?

equipment land


Fixed asset in an engineering business?

V ehicles, land and buildings, equipment, etc.


Characteristic of a fixed asset is that it is?

A characteristic of a fixed asset is that it is used in the operation of a business. Examples of fixed assets include office equipment, computers, and machinery.


In forming a Sub S corporation if the shareholder contributes a piece of equipment to the corporation what is its basis in the corporation?

The equipment would become a fixed asset of the corporation.