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ARTHIV
Apr 29, 2009, 01:09 AM
Please provide with the various fixed and variable expenses of automobile manufacturing firms

ROLCAM
Apr 29, 2009, 02:29 AM
You try and list them all down.
You try and classify them.
We shall make the necessary corrections for you if you are wrong.

ARTHIV
Apr 29, 2009, 07:21 AM
Fixed

Property Tax
Interest expenses
Insurance
Rents (if any)
Plant Equipment Expenses
Salaries
Utility Costs



Variable

Raw Material Cost
Production Costs
Transportation
Power/Energy
Labour-Wages
Storage charges (E)

morgaine300
Apr 29, 2009, 11:49 PM
Fixed

Property Tax
Interest expenses
Insurance
Rents (if any)
Plant Equipment Expenses
Salaries
Utility Costs

All correct, noting that utilities could be fixed, variable or mixed. For auto manufacturing I'd guess mixed.


Variable

Raw Material Cost
Production Costs
Transportation
Power/Energy
Labour-Wages
Storage charges (E)

"Production costs" doesn't specify what it is. All direct material, direct labor and overhead are production costs. Overhead could be all sorts of stuff, including fixed. Leave it out.
Transportation? Are you meaning freight?
Power/Energy - that's utilities so ditto above comment.
Storage charges is in my opinion an incremental fixed cost. If you're trying to stay simple, I wouldn't go there.
You didn't specify that these had to be product costs. Can you think of some selling/admin that might be variable?