what is fixed cost?
Answers were Sorted based on User's Feedback
Answer / nisha
fixed cost is a cost which remain fixed whether the production level is high or low.example of fixed cost are-rent of shop,salary etc.
Is This Answer Correct ? | 18 Yes | 2 No |
Answer / naresh
the fixed cost is nothing but which expences are not chang
or fixed
Is This Answer Correct ? | 5 Yes | 2 No |
Answer / venkata krishna
fixed cost is a cost, not related to the production capacity.it is always fixed.i.e not vary with production capacity
Is This Answer Correct ? | 2 Yes | 0 No |
Answer / saranyaaravind
A cost that remains constant, regardless of any change in a
company's activity. A good example is a lease payment. If
you are leasing a building at $2,000 per month, then you
will pay that amount each month, no matter how well or how
poorly the business is doing.
Is This Answer Correct ? | 2 Yes | 0 No |
Answer / prashant rai
Fixed cost is a cost which is remein same during the change
in level of output.
For ex. salery
Is This Answer Correct ? | 2 Yes | 0 No |
Answer / samuel alexander
Fixed costs are those that doesn't vary with production levels or capacity ex:-salary,insurance etc.
Is This Answer Correct ? | 1 Yes | 0 No |
Answer / shweta
The cost which remains fixed irrespective of the quantity
manufactured or work done. If there is nil manufacturing or
no work done then also this cost have to be beared.
Is This Answer Correct ? | 1 Yes | 0 No |
Answer / chandra. mangatayaru
fixed cost means no change of cost the volume of production
increase or decrease fixed cost no change, ex building rent
Is This Answer Correct ? | 1 Yes | 0 No |
Answer / sandeep
fixed cost means doesn't change amount (ex: salary & office expenses)
(or)
what ever the cost incurred an asset this expense is not recovered in 1 financial year
Is This Answer Correct ? | 1 Yes | 0 No |
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