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Question not clear as fixed cost is missing or one or two figures missing

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11y ago

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How do you calculate total variable expenses in a contribution income statement?

Total variable cost is typically the sum of all variable labor, variable materials, and variable overhead expenses.


Are selling and administrative expenses treated as product costs or as period costs under variable costing?

Period Costs.


Are selling and administrative expenses treated as product costs or period costs under variable costing?

Period Costs.


What are the two types of expenses?

fixed expenses and variable expenses


Are fixed expenses include in net income?

Net profit is calculated by taking in calculation all expenses incurred by the firm in the fiscal year. So it includes all fixed expenses as well as variable expenses to calculate net profit.


What are variable monthly expenses?

expenses change


What is an expense that does not change each month?

fixed expenses do not change, variable expenses do.


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.


Why is it difficult to budget for variable expenses?

It's dificult to budget for vaiable expenses because variable expenses change based on a number of factors.


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


Printing and stationery expenses is fixed?

Variable


Are variable expenses for the same amount each time?

yes it is because of the instent cash flow of the variable flow of expenses.