0
Want this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
Is administrative expense a fixed cost or variable?
Fixed
What type of cost is salary expense?
fixed cost
Is interest expense a fixed cost?
yes
What is the systematic allocation of a fixed assets cost to expense?
Depreciation.
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 administrative expense a fixed cost or variable?
Fixed
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
What type of cost is salary expense?
fixed cost
Is interest expense a fixed cost?
yes
What is the systematic allocation of a fixed assets cost to expense?
Depreciation.
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.
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.
What is an expense that does not change no matter how much a business produces?
A fixed cost
Is professional charges a fixed cost expense?
The only time professional charges would be a fixed cost expense is when you pay exactly the same charge every reporting period (monthly, quarterly, or yearly). If the professional charge changes depending of the amount of work done or time spent, then it is not fixed. Sometimes lawyers or accountants will work for a fixed fee that doesn't change over a period of time. Then it is a fixed cost expense.
What is The term applied to the periodic transfer of a fixed asset's cost to expense is?
Depreciation
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.
Is depreciation of sales facilities a fixed or variable expense when calculating contribution margin?
According to my text book, depreciation is a Fixed cost
