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Are contractual expenses fixed expenses?
A fixed cost is one that does not change irrespective of the volume of business that is experienced by the business. Contractual expenses may, at first thought, seem fixed but there is insufficient information in the question to be sure. The contract may involved a sliding scale of expense or may involve increased or decreased expense according to a variety of conditions within the contract. Therefore it does not necessarily follow that a contractual expense is also a fixed expense.
Are miscellaneous expenses an administrative expense or a selling expense?
Administrative one.
Why expenses debited in the income statement?
All incomes and expenses related to one fiscal year arrives in income statement as it is the sole purpose of income statement to show all expenses and incomes to arrive and net profit or net loss for that period.
Do fixed cost change per unit?
Yes fixed cost remain fixed in overall amount but it varies as per unit for example if one unit produced fixed cost 50000 per unit fixed cost 50000 but if 2 units produced fixed cost remains 50000 but per unit fixed cost changed to 25000 (50000/2).
Give another example of a fixed cost?
A fixed cost is one that does not change. At least for about a year or so. Good examples of fixed costs would be insurance, rent, periodic load payments, interest paid, fixed permanent employee salaries.
What Expenses recorded as fixed assets?
Those costs which used in business for more than one fiscal year treated as fixed assets.
Are contractual expenses fixed expenses?
A fixed cost is one that does not change irrespective of the volume of business that is experienced by the business. Contractual expenses may, at first thought, seem fixed but there is insufficient information in the question to be sure. The contract may involved a sliding scale of expense or may involve increased or decreased expense according to a variety of conditions within the contract. Therefore it does not necessarily follow that a contractual expense is also a fixed expense.
What is the best description?
The best description is one that uses vivid words to tell about a person, place, or thing.
What are the two classifications of family expenditures?
A family's expenses can be budgeted under two main categories, fixed and variable. Fixed expenses are those such as insurance premiums which do not change from month to month, while a variable expense would be one such as an electric bill which can vary widely from month to month.
What is the best description of nationalism?
Pride in one's country
One way to compute the total contribution margin is to add total fixed expenses to net operating income true or false?
True
What is the current best fixed rate bond?
The current best fixed rate bond will depend on one's location and their personal preference. In the UK one can get a 9 month fixed rate bond at just 0.75% and that is the lowest rate.
What is the best description of one week on earth?
7 rotations of the earth
Which one is the best description of a chemical reaction?
my penis in yo vagina
Which of these is the best description of polyandrous?
a women is allowed to have more than one husband
What is the differences between charges and expenses?
Charges are typically one-time fees or costs associated with a specific transaction or service, while expenses are ongoing costs incurred to operate a business. Charges can be variable and impact specific transactions, while expenses are usually fixed or recurring costs necessary for day-to-day operations.
What banks offer cheap fixed rate mortgages?
Nationwide bank is one of the few banks that offer fixed rate mortgages. If one is looking for a fixed rate mortgage, it is best to schedule an appointment with a bank official for further information.
