Beautiful Fixed Cost And Variable Cost Examples picture
Fixed Cost And Variable Cost Examples. Introduction to Fixed and Variable Costs. Fixed cost that refers to the cost that has to be payable no matter there is any production or sale activity in the business or not like rent payable, salaries This article has been a guide to Fixed Cost vs.
For example, if you produce more cars, you have to use more.
Here are a number of examples of.
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Classification of cost
What is variable expense? Why are variable expenses important?
Based on variability, the costs has been classified into three categories, they are fixed, variable and semi variable. Generally, the fixed costs are either incurred in advance or they are almost certain to incur irrespective of the activity levels of the manufacturing unit. For example, if a manager is deciding between keeping production levels constant.