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What else can I help you with?
What are the two types of expenses?
fixed expenses and variable expenses
What are the different types of selling expenses?
it is the FIXED and VARIABLE it is the FIXED and VARIABLE expenses only not selling expenses.JOKE.this is a GUESS.haha
What term represents budget items that change from month to month?
The term that represents budget items that change from month to month is "variable expenses." These expenses can fluctuate based on usage, consumption, or other factors, such as utilities, groceries, and entertainment. Unlike fixed expenses, which remain constant, variable expenses require careful monitoring to maintain an effective budget.
Are fixed expenses more important than variable expenses?
they are both inportant, because they both burn your money.
How are variable expenses different from fixed expenses?
Variable expenses are those expenses which vary according to production level while fixed expenses are those expenses which have no effect of production level and remain same.
What are the different components of a family budget?
A family budget generally reflects the family's income as well as the family's fixed and variable expenses. The fixed expenses will include food, rent and transportation costs.
How many categories should you include in a budget?
You should include at least five categories in a budget: income, fixed expenses, variable expenses, savings, and debt repayment.
What are the two types of expenses?
fixed expenses and variable expenses
What are the different types of selling expenses?
it is the FIXED and VARIABLE it is the FIXED and VARIABLE expenses only not selling expenses.JOKE.this is a GUESS.haha
Are fixed expenses more important than variable expenses?
they are both inportant, because they both burn your money.
How are variable expenses different from fixed expenses?
Variable expenses are those expenses which vary according to production level while fixed expenses are those expenses which have no effect of production level and remain same.
Printing and stationery expenses is fixed?
Variable
What is an expense that does not change each month?
fixed expenses do not change, variable expenses do.
Are selling expenses fixed or variable cost?
selling expenses is a mixed costs. it is a mixture of both fixed and variable components. for example, in selling expenses in a retail shop; fixed costs are the employees salary. while variable cost will be their commission or bonus of the sale.
The flex in the flexible budget relates solely to variable costs?
The flex in the flexible budget relates solely to variable costs such that it uses percentages of revenue for certain expenses. Flex budget is used rather that the usual fixed numbers to allow for an infinite series of changes in budgeted expenses that are directly tied to actual revenue incurred.
The margin of safety is equal to?
a. sales-net operation incomeb. sales-(variable expenses/contribution margin)c. sales-(fixed expenses/contribution margin ratio)d. sales-(variable expenses + fixed expenses)
How do you write a personal budget?
A good way to start is to keep track of all the money you earn and spend over a period of time (at least a month), and break it down into fixed expenses such as rent, and variable expenses such as gas and food. Add up the fixed expenses, subtract that from your income, and whatever is leftover can be split among the variable expenses. A very good walkthrough with worksheets is linked below.
