Costs that need to be payed regardless of whether or not your business makes a sale/profit.
Fixed cost
the word fixed expenses means to rent
Flexible expenses vary over time.
Fixed Expenses:These are those expenses which don't change with change of production rate and remain fixed up to certain measurement base criteria. For Example: if machine can produce 1000 units and have a operating cost of $1000 per month then it will remain $1000 from 0 - 1000 units range no matter we produce how much units in this range so this $ 1000 is fixed expanse for operating this machine.Variable Expenses:These are those expenses which change with the change of units of products but remain fixed relative to units of product. For example if 1 unit requires $ 10 to produce and we produce 10 units then variable cost will be $100 and if we produce 100 units it will goes to $1000. So it is changing according to quantity of units but remain fixed relative to 1 unit of product which is $10 per unit.
fixed expenses do not change, variable expenses do.
Fixed 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.
Variable
Favourable fixed overhead variance occurs when actual fixed cost is less than the budgeted fixed overhead expenses.
Some general expenses are fixed, meaning that they are the same amount every month, but many are not. When the expense depends on usage, such as electricity, it will not be fixed, but will vary from month to month. An example of a fixed general expense would be a monthly retainer or fee paid to an accountant or lawyer. If the expense is the same amount every month, it is called a fixed cost.
sentence do you use fixed expenses in a sentence? that's a sentence^
the word fixed expenses means to rent
fixed expenses and variable expenses
This is called a fixed cost.In economics, fixed costs are business expenses that are not dependent on the level of goods or services produced by the business.
This is called a fixed cost.In economics, fixed costs are business expenses that are not dependent on the level of goods or services produced by the business.
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.
Fixed Cost is the cost which remains constant at all levels of production during short period. It is the basic expenditure requirement of a business which is needed even at zero level of production. example: minimum telephone expenses