its a fixed cost
variable cost
Fixes
Fixed
Administrative salaries has no relationship with production of product so it almost always remain same so it is a fixed cost not variable cost
Fixed and do not change. A variable cost changes. Fixed costs are things like rent, salaries, or any other cost that does not change over time.
Fixed cost and variable cost is equal to total cost as per following formula: Total Cost = Fixed Cost + Variable Cost
Yes. Say that you own an IT company which repairs and services computers for other companies. If you changed some of your technicians' annual salaries to per-hour-of-service pay, you would change this employment expense from fixed to variable.
The relataionship of cost between the level of production is determine the fixed or variable cost if cost change with production level then it is variable cost otherwise fixed cost.
fixed and variable
variable
Overhead refers to the cost of a business in a particular period. Specifically, overhead points to fixed and indirect costs. They are non-labor costs. Non-labor costs are variable or fixed. Rent and salaries are examples of fixed costs. Advertising and supplies are variable costs.
Type your answer here... fixed cost + variable cost = total cost
Variable cost = Total Cost/ fixed cost
it is obviously variable