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Is an expenses that does not change each month?
Fixed cost
What does fixed expenses mean?
the word fixed expenses means to rent
How do flexible expenses differ from fixed expenses?
Flexible expenses vary over time.
Fixed expenses and variable expenses?
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.
What are the four categories that you need to separate your expenses into?
The four categories to separate your expenses into are fixed expenses, variable expenses, discretionary expenses, and periodic expenses. Fixed expenses are regular and unchanging, such as rent or mortgage payments. Variable expenses fluctuate, like groceries or utility bills, while discretionary expenses are non-essential, such as dining out or entertainment. Periodic expenses occur irregularly, like insurance premiums or annual subscriptions.
Is an expenses that does not change each month?
Fixed cost
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.
Printing and stationery expenses is fixed?
Variable
How can one calculate the average fixed cost for a business?
To calculate the average fixed cost for a business, you divide the total fixed costs by the quantity of output produced. This gives you the cost per unit of fixed expenses incurred by the business.
A favorable fixed overhead volume variance occurs if?
Favourable fixed overhead variance occurs when actual fixed cost is less than the budgeted fixed overhead expenses.
Are General Expenses a fixed Cost?
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.
How can one determine the variable cost when given the fixed cost in a business scenario?
To determine the variable cost in a business scenario when given the fixed cost, you can subtract the fixed cost from the total cost. Variable costs are expenses that change based on the level of production or sales, while fixed costs remain constant regardless of production levels. By subtracting the fixed cost from the total cost, you can isolate the variable cost component.
How do you you a sentence with fixed expenses?
sentence do you use fixed expenses in a sentence? that's a sentence^
What does fixed expenses mean?
the word fixed expenses means to rent
What is a cost that stays constant is a?
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.
What are the two types of expenses?
fixed expenses and variable expenses
What the other name of fixed cost?
The other name for fixed cost is "overhead cost." Fixed costs are expenses that do not change with the level of production or sales, such as rent, salaries, and insurance. These costs remain constant regardless of the business's output, making them essential for budgeting and financial planning.
