which of the following is most likely to be a fixed cost for a business?

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    Which of the following items is most likely to be a variable cost for a company? Product delivery costs

    which of the following is most likely to be a fixed cost for a business - Related Questions

    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.
  • It is important to have insurance...
  • An interest expense has been incurred...
  • Income tax on real estate.
  • You will have to pay rent...
  • I was paid a salary...
  • Utility services.
  • What is most likely an example of a committed fixed cost?

    Committed fixed costs are long-term organizational investments that are difficult to change. In addition to fixed costs such as real estate taxes and insurance premiums, some top-level managers are paid salaries based on committed fixed costs.

    What is most likely to be a fixed cost for a business?

    Salary, insurance, property taxes, interest expenses, depreciation, and possibly some utilities are all examples of fixed costs.

    What are the fixed costs of a business?

    Property taxes, rent, salaries, and non-sales and management personnel benefits are all examples of fixed costs. The majority of businesses incur one or more of these costs.

    What are 4 examples of fixed expenses?

  • You have to pay your rent or mortgage.
  • You pay for your car.
  • The repayment of other loans.
  • Premiums paid by insurance companies.
  • A tax on real estate.
  • The phone bill and the utility bill.
  • There are costs associated with child care.
  • There is a tuition fee.
  • 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 most likely to be a variable cost?

  • Materials directly from the manufacturer.
  • Direct labor is a term used to describe labor that is performed
  • A fee for each transaction.
  • There are commissions.
  • Costs of utility services.
  • The time that can be billed.
  • What are the variable costs of a business?

    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.

    Which of the following is most likely a variable cost for a business in the short run?

    Labor and raw materials costs are most likely to be variable costs in the short run.

    Which is an example of a fixed cost?

    The term "fixed costs" refers to expenses incurred by an enterprise during a certain period of time which have to be paid regardless of whether there are any production activities or sales activities involved in the enterprise. Examples include rent payable, salaries payable, and interest expenses.

    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. Whether or not goods or services are produced, fixed costs remain constant. A fixed cost is one that's not variable, such as a lease and rent payment, utilities, insurance, or certain salaries.

    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.

    What is an example of a fixed cost quizlet?

    Straight-line depreciation, insurance, property taxes, rent, supervisory salaries, administrative salaries, and advertising are all examples of fixed costs. A change in activity does not affect fixed costs.

    What are the examples of committed cost?

    Plant and equipment depreciation, taxes, insurance premiums, and rent charges are all examples of committed costs. Committed cost, also known as sunk cost, refers to expenses that have already been incurred.

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

    A sales training program is an example of a fixed cost that has been committed. Indirect expenses related to business travel. The factory building was taxed as real estate.

    What are the committed costs?

    Business entities can incur committed costs whenever they have already made investments or obligations which they cannot recover. While reviewing company expenses for a possible cutback or asset sale, it is important to identify which costs are committed costs.

    which of the following is most likely to be a fixed cost for a business?

    In the business world, property tax is regarded as a fixed expense.

    What is fixed cost explain with a few examples?

    A fixed cost, on the other hand, is a cost that a company must pay regardless of whether it produces one or a million goods. In other words, it is a cost that remains constant, even as output rises. Rent, for example, is an example of a fixed cost that must be paid regardless of how many goods the company produces and sells.

    What are some variable costs for a business?

  • The most purely variable cost of all is direct materials, which are the raw materials that go into a product.
  • Work is paid on a piece rate basis....
  • Supplies for the manufacturing process
  • Wages that can be billed.
  • ... Commissions.
  • Fees for using a credit card...
  • We're sending out the freight.
  • Which of the following would be considered as a fixed cost for a firm?

    Rent, salary, insurance, taxes, interest expenses, depreciation, and possibly utilities are all examples of fixed costs.

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