top button
Flag Notify
    Connect to us
      Site Registration

Site Registration

What is fixed cost?

+1 vote
126 views
What is fixed cost?
posted Jun 21, 2017 by Mukul Chag

Share this question
Facebook Share Button Twitter Share Button LinkedIn Share Button

1 Answer

0 votes

A fixed cost is one that does not change in total within a reasonable range of activity. For example, the rent for a production facility is a fixed cost if the rent will not change when there are reasonable changes in the amount of output or input. If there is a need to double the output the rent will change when the company occupies additional work space.

answer Jun 22, 2017 by Vijay
...