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Which costs may have both variable and fixed components?
Labor. Fixed rate for hours planned; variable rates for unscheduled overtime.
How do money accounts differ from regular savings accounts?
The means of determining interest rate. Money market account interest rates are variable and track the money market. Savings account interest rates are usually fixed.
What is difference between rent and rates in accounting?
Rent is the amount a person pays for hiring or using of someone else property or any belongings. While Rates this refers to the fixed amount that informs about the economic value of any product, services, assets etc.
Is it true that fix cost remains same when output increases?
The real answer is it depends, ultimately all costs are variable even those costs that would initially appear fixed. Take for example business rates, these are set for the year and will remain the same regardless of the change in volume of the output, however should the output need to rise above the capacity of the existing business premises additional premises or even new premises would need to be acquired and with it a new level of fixed cost. This is sometimes described as step fixed cost, i.e. the cost remains at the same level until a step change is required and then the costs are again fixed at this new level until another step change is required
What are Manufacturing overhead budget uses?
The manufacturing overhead budget show the expected manufacturing over head costs for the budget period. The budget distinguishes between variable and fixed overhead costs. Companies fluctuate with production volume on the basis of the following rates per direct labor hour: indirect materials $1.00, indirect labor $1.40, utilities $0.40, and maintenance $0.20. Thus, for 6,200 direct labor hours budgeted indirect materials are $6,200 (6,200 x $1), and budgeted indirect labor is $8,680 (6,200 x $1.40). The company recognizes that some maintenance is fixed. The amounts reported for fixed cost are assumed.
What difference does interest rates being variable rather than fixed make to pension plans housing loans and other personal finances?
what difference does interest rates being variable rather then fixed have on pension plans or home loans
What are great examples of fixed annuity rates?
Great examples of fixed annuity rates are found in pension schemes. For a pension scheme, an employer might pay for its employee for example 100 dollars in the company until the employee is retired.
Which costs may have both variable and fixed components?
Labor. Fixed rate for hours planned; variable rates for unscheduled overtime.
Where can one find some best rate mortgages?
The way for somebody to find the best rate for a mortgage would be simply by shopping around. Make sure that when comparing interest rates, though, to always compare fixed rates to other fixed rates and variable rates to other variable rates.
What kind of rates does ING offer for home mortgages?
ING offers lots of different rate for home mortgages. They offer both fixed and variable rates. Variable rates start at 5.41% and go as high as 6.07%. Fixed rates start at 4.09 and go as high as 5.39%.
Is there a cost savings to having fixed mortgage rates?
If the rates are down when you lock into a fixed mortgage rate, than yes, absolutely there are savings. If the rates are high, it's typically better to go with a variable mortgage rate.
Where can I find information about student loan rates?
Student loan rates vary by the type of student loan, but can be either fixed or variable rate. Most federal student loans are fixed at 6.8% Private student loan rates are typically higher.
What are the cons of having a fixed rate personal loan?
Fixed personal loan interest rates are typically higher than variable rates. If interest rates rise, your personal loan rates will look like a bargain, but on the other hand,if interest rates fall, your bank loan will look expensive.
What are variable annuities?
ING variable annuities are annuities offered by the company ING which have variable rates of return. This is in contrast to fixed annuities which offer some sort of guaranteed rate of return over the life of the contract.
Where can one find the Scotiabank mortgage calculator?
The Scotiabank mortgage calculator can be found right on the official Scotiabank site. The site also shows rates on current mortgage loans, from fixed rates to variable rates.
What are fixed mortgages and what do they do?
You can get a loan with a fixed interest rate or a variable interest rate. The interest rate is the extra amount of money you have to pay back for taking out the loan. A fixed rate doesn't change the entire time you have the loan--even if the economy fails and everybody else has to get higher interest rates. However, the rates are usually set up higher and you end up paying more in the long run if you have a lengthy loan. If the economy does poorly, you might save money in a fixed rate because variable rates will spike.
What are ING variable annuities?
ING variable annuities are annuities offered by the company ING which have variable rates of return. This is in contrast to fixed annuities which offer some sort of guaranteed rate of return over the life of the contract.
