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-   -   What is fixed cost ? (https://www.askmehelpdesk.com/showthread.php?t=483898)

  • Jun 29, 2010, 10:28 AM
    sumonahemed
    what is fixed cost ?
    what is fixed cost ? What is the difference between fixed cost and variable cost?
  • Jun 29, 2010, 10:32 AM
    sumonahemed

    What is this ? Just I want to know about this question answer?:)
  • Jun 30, 2010, 08:41 AM
    pready

    A fixed cost is a cost like rent that stays the same during an acocunting period. It will not change based on production. Rent will not change if you operate a plant or not.

    A variable cost is a ccost that does change like material and labor during a period. If you produce 1 item you pay a certain amount for labor and material, but if you produce 2 items then your cost will change, based on production.

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