Topic: Fixed Cost and Variable Cost
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What are Variable Costs?
Variable costs are those expenses that change and fluctuate in the course of running a business operation. These include utilities, machinery, repairs and inventory. Read More »
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What is Variable Cost?
Variable cost is a cost of material, labor, or overhead that changes (varies) with the change in the volume of production or sales revenue of a business. Read More »
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What is fixed cost and variable cost?
Fixed costsare costs that DO NOT change in response to changes to activity levels. Variable costsare costs that change in proportion to changes in volume or activity. It's simple, you just have to remember: Fixed cost: Total - DO NOT change... Read More »
Source: http://wiki.answers.com/Q/What_is_fixed_cost_and_variable_cost
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Fixed Cost and Variable Cost
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fixed cost will not change with the change in output variable cost will change with chang in output
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Source: http://wiki.answers.com/Q/What_are_Fixed_and_variable_costs_in_th...
A fixed cost is a repetitive cost that does not change. Your rent is a fixed cost. The amount is the same every month and is due at the same time. It is not dependent on what you earn or sell. It can change each year for inflation, but that...
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A fixed cost is referred to a periodic charge that does not vary with the business volume. A fixed cost is a great thing to have given this present bad economy.
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i dont know that much about money but it sounds to me like fixed cost stays the same and variable can change a variable is something that can change
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Source: http://wiki.answers.com/Q/What_is_the_difference_between_fixed_an...
hey those are easy stuff man
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Fixed costs pertain to expenditures (bills) that you have to pay regardless as to how well your business is doing. Taxes, utilities, maintenance and such. Variable costs change depending on your circumstances. If your sales of a given produ...
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Source: http://wiki.answers.com/Q/How_are_fixed_costs_separated_from_vari...
