One-time costs are expenses that are incurred only once during a project or investment, such as initial setup fees, equipment purchases, or installation costs. In contrast, continuing costs are ongoing expenses that recur over time, such as maintenance, subscription fees, or operational costs. Understanding the distinction is crucial for budgeting and financial planning, as it helps organizations assess both immediate investments and long-term financial commitments.
Profitability
Actual Costs are costs which have occurred and can be reliably measured. Budgeted Costs are costs which have been estimated, possibly by using Forecasted Costs.
One similarity between standards and budgets is they are both predetermined costs. A major difference is that companies can report inventories using standard costs but not budget costs.
Imputed costs do not appear in the historical cost accounting records for financial reporting. The actual cost incurred is recorder and is called a book cost.
a semi fixed cost moves upward in a step where semi variable cost begining at a given base level
difference between revenue and costs
Profitability
shut up u neek
They are synonyms.
Actual Costs are costs which have occurred and can be reliably measured. Budgeted Costs are costs which have been estimated, possibly by using Forecasted Costs.
There is really no difference .Except that the other on costs more
No. But: ATC = AVC + AFC Or TC = VC + FC
Average total cost is the average of all your costs. This is your Fixed Costs and your Variable costs. Average Variable Cost is the average of your costs that can fluctuate.
One similarity between standards and budgets is they are both predetermined costs. A major difference is that companies can report inventories using standard costs but not budget costs.
You don't fire variable costs
Kgb costs money. ChaCha is a free service. :)
Profit