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Is administrative expense a fixed cost or variable?
Fixed
What is a fixed expense?
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.
Is interest expense considered a fixed cost?
Interest expense is generally considered a fixed cost because it does not fluctuate with the level of production or sales. It remains constant regardless of business activity, as it is determined by the terms of the debt and the interest rate. However, in some cases, if the debt level changes significantly, the interest expense could vary, but in standard financial analysis, it is categorized as a fixed cost.
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.
In estimating the profitability of a catering business blank is most likely to be considered a fixed expense in your overhead cost?
An example of a fixed cost for catering would include rent; utilities, equipment and insurance.
Is your monthly savings goal considered a variable or fixed expense?
Your monthly savings goal is considered a fixed expense because you have a set amount that you plan to save each month, which does not change.
Is administrative expense a fixed cost or variable?
Fixed
Are repairs on a vehicle considered a fixed asset?
If repair improves the performance of fixed assets and massive improvement then it is part of fixed assets otherwise revenue expense.
What is a fixed expense?
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.
Is interest expense considered a fixed cost?
Interest expense is generally considered a fixed cost because it does not fluctuate with the level of production or sales. It remains constant regardless of business activity, as it is determined by the terms of the debt and the interest rate. However, in some cases, if the debt level changes significantly, the interest expense could vary, but in standard financial analysis, it is categorized as a fixed cost.
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 a car payment a variable expense or liability?
A car is a variable expense having the following properties: Car payment ( fixed Expense) Maintenance and usage costs (variable) So in total it is a variable expense. A car payment is considered a liability.
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.
In estimating the profitability of a catering business is most likely to be considered a fixed expense in your overhead costs.?
An example of a fixed cost for catering would include rent; utilities, equipment and insurance.
In estimating the profitability of a catering business blank is most likely to be considered a fixed expense in your overhead cost?
An example of a fixed cost for catering would include rent; utilities, equipment and insurance.
