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Fixed costs for Nike include expenses that do not fluctuate with production levels, such as rent for corporate offices, salaries for permanent staff, and costs associated with maintaining facilities. Additionally, long-term contracts and commitments, such as leases for retail space and manufacturing facilities, contribute to their fixed costs. These expenses remain constant regardless of how many products Nike sells.
What else can I help you with?
Is Nike a variable cost or a fixed cost?
Nike's costs can be categorized as both variable and fixed, depending on the context. Variable costs include expenses that fluctuate with production levels, such as materials and labor for manufacturing shoes and apparel. Fixed costs, on the other hand, encompass expenses like rent, salaries of permanent staff, and marketing efforts, which remain constant regardless of production volume. Overall, Nike's cost structure is a mix of both types, reflecting its operational complexity.
How much do Nike Shocks cost?
nike shocks cost $110 dollars
When fixed cost treated as relevant cost?
Fixed cost become relevent cost when a particular decision affects the fixed cost of production. For Example: Before Decision fixed cost $100 After Decision Fixed Cost $120 so in this case fixed cost also becomes relevent for decision making.
Is capital a fixed cost?
capital is a fixed cost
Fixed cost variable cost equals?
Fixed cost and variable cost is equal to total cost as per following formula: Total Cost = Fixed Cost + Variable Cost
Select a cost in your industry that is a fixed cost and why is it considered to be a fixed cost?
rental
When is fixed cost relevant in decision making?
When there will be change in fixed cost of business then at that time fixed cost will be relevant cost For Example if acquiring new machinery will reduce the amount of fixed expense in that case fixed cost is also relevant.
Is clerical salaries a fixed cost or variable cost?
its a fixed cost
How much does an nike t shirt usually cost?
At the moment nike shirts cost around $30 to $40. I bought one yesterday and it cost me $34.99..
Is the fixeds selling cost is fixed cost?
Selling cost which remains fixed and don't have any impact on production level is called fixed cost.
What cost is not a fixed cost?
A cost which varies with the level of production activity is not a fixed cost and called variable cost.
Is the cost of a new factory an example of a fixed cost?
yes it is an example of fixed cost
