which of the following is a typical example of a fixed cost of production in a business firm chegg?

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    which of the following is a typical example of a fixed cost of production in a business firm chegg - Related Questions

    Which is an example of a fixed cost for consumers?

    The cost of rent is a fixed cost that a company pays regardless of how many customers it serves over the year. In the case of a barber, he or she will have to pay rent regardless of how many people he or she cuts hair for.

    Which of the following is a fixed cost for a business?

    An expenditure that is fixed regardless of sales (or a lack thereof) is called a fixed cost. It means that they are fixed costs the business has committed to without being tied to production. You may have to pay rent/lease fees or a mortgage as a fixed cost.

    Which is the best example of a fixed cost?

  • Amounts incurred for an intangible asset (such as a purchased patent) are amortized over the asset's lifetime as an expense.
  • The depreciation of an asset.
  • We are in the insurance business...
  • An interest expense has been incurred...
  • Income tax on real estate.
  • You must pay rent...
  • Salary packages...
  • Utility services.
  • What is an example of a fixed product cost?

    A fixed cost is one that does not change based on output. The cost of insurance, rent, regular profits, setup costs, and depreciation are examples.

    What is a fixed cost provide some examples?

    As opposed to variable costs, a company's fixed costs remain constant no matter how much product is produced. No matter if there are goods or services produced, fixed costs remain the same. Lease and rent payments, utilities, insurance, certain salaries, and interest payments are just a few examples of fixed costs.

    What is the example of fixed cost Mcq?

    The cost of renting a building is an example of a fixed cost. In economics, fixed costs are costs that are constant in spite of changes in production or sales volume.

    What would be some examples for fixed and variable costs for a farm?

    Which of the following are e costs for a farm? Rent, machinery, and buildings are examples of fixed costs. In addition to crop products, seeds, and water are variable costs.

    What are 4 examples of fixed costs?

    In addition to rent or mortgage payments, salaries, insurance, property taxes, interest expense, depreciation, and possibly some utilities, there are also many fixed costs you need to cover.

    What are fixed cost in agriculture?

    Fixed costs are expenses that do not change with the level of production, such as depreciation and land taxes; variable costs are expenses that change with the level of production, such as labor and seed.

    What are examples of fixed cost?

  • You have to pay your rent or mortgage.
  • You pay for your car.
  • Payments on other loans
  • Premiums paid by insurance companies.
  • A tax on real estate.
  • Bills for phone and utilities
  • There are costs associated with child care.
  • There is a tuition fee.
  • Which is a fixed cost for a store?

    Fixed costs will be comparable to those of a manufacturing plant. There will be no more administrative wages or rent or property taxes or utilities. There will be these tem or thousands!

    What is an example of a fixed cost to a restaurant?

    There are several fixed costs associated with starting a restaurant, such as rent, mortgage payments, salaries, loan payments, license fees, and insurance premiums. These costs are easier to budget for because they don't vary much over time. There are a variety of costs associated with food, wage, and utility costs.

    Which of the following is an example of a fixed cost quizlet?

    A cost that remains constant in total, regardless of changes in the level of activity, is a term in this set (10) in this set. In addition to straight-line depreciation for an asset, property taxes, rent, supervisory salaries, administrative salaries, and advertising costs are examples of fixed costs.

    What are examples of variable cost?

    Costs of goods sold (COGS), raw materials and inputs into production, packaging, workers' wages and commissions, and certain utilities (such as electricity or gas that increase as production capacity increases) are examples of variable costs.

    What are fixed costs give 2 examples?

    A fixed cost is one that's not variable, such as a lease and rent payment, utilities, insurance, or certain salaries.

    What are some fixed costs for a business?

  • You may have to pay rent or lease.
  • Salaries.
  • Insurance is a term that is used to describe the
  • Payment on a lease for equipment.
  • You must pay for your car lease.
  • Utility bills must be paid.
  • Service for making phone calls.
  • Insurance for businesses.
  • What is fixed cost explain with a few examples?

    A fixed cost is part of a company's operating expenses, no matter how many goods or services it produces. something that never changes - no matter how much output you produce. One example of a fixed cost is rent, which businesses must pay without regard to how many goods they make or sell.

    What are fixed and variable costs examples?

    Rent, insurance, depreciation, salary, and utilities are all examples of fixed costs. Direct materials, sales commissions, and credit card fees can be considered variable expenses.

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