Fixed cost: Difference between revisions
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imported>Doug Williamson (Add header.) |
imported>Doug Williamson (Expand for variable costs.) |
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A fixed cost is a cost which stays the same regardless of the level of production or other activity. | A fixed cost is a cost which stays the same regardless of the level of production or other activity. | ||
Contrasted with a variable cost. | |||
Revision as of 08:14, 20 March 2019
Cost and management accounting.
A fixed cost is a cost which stays the same regardless of the level of production or other activity.
Contrasted with a variable cost.
