Fixed cost Definition & Meaning - Merriam-Webster
fixed cost What is Fixed Cost? Definition of Fixed Cost: An expense which does not depend on the rise or diminishing of the number of services provided fixed cost ; running cost , cent per lamp hour $ 12 per year , fixed cost ; running cost , cent per lamp hour year , fixed cost ; running cent per lamp
Fixed costs are business expenses that remain the same each month, no matter how many goods the company produces or services it delivers These Fixed costs are allocated to the indirect expense section of the income statement that leads to operating profit Two of the common fixed costs which are
While fixed costs cover regular payments such as rent or mortgage payments, utilities, salaries, and insurance, you can expect variable costs to cover The fixed costs are business expenses which are not contingent on the amount of the business generated goods or services These expenses are in