variable
A supervisor's salary typically is considered a fixed cost. The salary of a supervisor typically would not be variable, unless there were other things involved, such as bonus pay.
If salary is on per lecture basis then it is variable cost otherwise it is fixed cost.
Variable if the psychiatrist is paid at a certain rate hourly or daily; fixed if the salary is fixed for a given period (i.e.) annually).
Labor costs can be considered fixed, variable or both depending on the business. If workers are hourly (e.g., factory workers, delivery drivers, etc.), labor is generally considered variable. If workers are on an annual salary, but are hired and fired based on production needs (e.g., floor managers, plant managers, etc.), labor can be considered variable. If workers are on an annual salary, but are not hired and fired based on production needs (e.g., Chief Financial Officer, Director of Operations, etc.), labor can be considered fixed.
It is fixed in the short run, and variable in the long run
A supervisor's salary typically is considered a fixed cost. The salary of a supervisor typically would not be variable, unless there were other things involved, such as bonus pay.
If salary is on per lecture basis then it is variable cost otherwise it is fixed cost.
Fixed
fixed compnent
Variable if the psychiatrist is paid at a certain rate hourly or daily; fixed if the salary is fixed for a given period (i.e.) annually).
Labor costs can be considered fixed, variable or both depending on the business. If workers are hourly (e.g., factory workers, delivery drivers, etc.), labor is generally considered variable. If workers are on an annual salary, but are hired and fired based on production needs (e.g., floor managers, plant managers, etc.), labor can be considered variable. If workers are on an annual salary, but are not hired and fired based on production needs (e.g., Chief Financial Officer, Director of Operations, etc.), labor can be considered fixed.
Because the production manager's salary remains the same, regardless of the production level, this salary is a fixed cost, not a variable cost.
Yes, salary and commission can be considered a mixed cost. Salary represents a fixed cost since it is usually a consistent, predetermined amount paid to employees, regardless of performance. In contrast, commission is a variable cost that fluctuates based on sales performance or productivity. Together, they create a mixed cost structure that combines both fixed and variable components.
a fixed cost would be electricity bills and a variable costs would be paying employees a salary not wayes !
examples of fixed cost factory are salary, rent, electricity bills while variable cost are purchase of raw materials,
The difference between fixed overhead and variable overhead is that fixed overheads are the ones that do not change regardless and variable overheads are the ones that vary depending on the number of units that it produces. An example of fixed overhead is a managers salary.
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.