0
What else can I help you with?
Is shipping expense a mixed cost?
Yes. Shipping cost is a combination of fixed and variable expense. Fixed expense of shipping would be payment and insurance. Variable expense of shipping would be fuel cost.
Is administrative expense a fixed cost or variable?
Fixed
Is shipping expense a fixed or variable or mixed cost?
Shipping expenses are typically considered variable costs, as they fluctuate based on the volume of goods shipped. However, they can also have fixed components, such as minimum charges or contracts that establish a baseline cost regardless of shipping volume. Therefore, shipping expenses can be classified as mixed costs, depending on the specific circumstances of the shipping arrangement.
What is an expense that does not change each month?
fixed expenses do not change, variable expenses do.
Can an expense be defined as variable cost and fixed costs?
depending on if the expense is a recurring is whether or not it can be fixed . most expense are unseen and therefore can not be put in as a fixed cost
A cell phone bill is usually an example of which of these?
Fixed expense plus a variable
Is a car payment a variable expense or liability?
A car is a variable expense having the following properties: Car payment ( fixed Expense) Maintenance and usage costs (variable) So in total it is a variable expense. A car payment is considered a liability.
Is insurance a fixed expense?
In simple terms, yes... Such expenses like dues, loans and insurance are fixed expenses. Variable expenses are those that fluctuate in proportion to supply and demand, hourly production costs, packaging and shipping costs.
When the variable costing method is used how does fixed factory overhead appear on the income statement?
fixed expense
Is a sells commission a variable expense?
If amount of sales commission is fixed and not base on number of units sold then it is fixed expense and vice versa.
Is car insurance a fixed expense?
In simple terms, yes... Such expenses like dues, loans and insurance are fixed expenses. Variable expenses are those that fluctuate in proportion to supply and demand, hourly production costs, packaging and shipping costs.
Is Advertising fixed costs?
If advertising expense is fixed and has no concern with level of sales then it Is fixed but if it is changed with the change in level of sales then It is variable cost.
