Fixed vs variable cost refers to categorizing business expenses as either static or fluctuating during changes in production output and sales volume. Fixed costs remain the same irrespective of changes in production output, no matter what’s happening in the business. Variable expenses increase or dec...
Whether fixed or variable pay is better is a matter of debate, especially in theperformance review vs. compensation discussion.In many cases, compensation structures contain both variable and fixed components.For example, employees can get paid a fixed annual salary and quarterly bonuses based on pe...
Total Variable Cost vs. Average Variable Cost While total variable cost reveals how much you spend on each unit of your product's development, you may also need to consider items with various variable costs per unit. The average variable cost enters the picture here. For example, You have tw...
Anticipated Personal Income Forecast:The decision around fixed or variable rates centers around the need for security. Evaluate your personal income situation including job stability, prospective salary growth, and current savings. If you project higher income in the future, the risk of variable rates ...
英语翻译1.The emoluments we can offer you are made of:- Fixed salary:2000 RMB / month (salary before tax & welfare):- Variable salary:1000 RMB / month.- Annual bonus (extra):1-4 month salaryThe Variable salary 1000 RMB / month are divided in 3 pa
Examples of Fixed Costs vs. Variable Costs Examples of fixed costs includedepreciation, rent, salary, insurance, tax, employee salaries, loan payments, telephone and internet costs, etc. In contrast, examples of variable costs include materials consumed, wages, commission on sales and othersales com...
Classify the following cost according to the different cost terms: Salary of the factory supervisor. A company manufactures futons. Would the salary of the factory receptionist be considered a variable cost or a fixed cost? Explain. The salary of the fac...
Salary of plant manager D. Property tax The cost of fire insurance for a manufacturing plant is generally considered to be a: a. variable cost. b. product cost. c. period cost. d. all of these. Which of the following costs is inventoried wh...
The total budget for 1993 was $429.2 million, of which $360.3 million (84%) was fixed and $68.8 million (16%) was variable. Overall, 31.5% of total costs were for support expenses such as utilities, employee benefits, and housekeeping salaries, and 52.4% included direct costs of salary ...
Labor costs, including minimum wage expenses, are considered semi-variable. Semi-variable costs have components of both fixed and variable costs. The cost of labor is always something that companies can expect to have but the amount they pay may vary. This makes it both fixed and variable....