Cost: Are these fixed, variable or semi-variable?
Depreciation on administration furniture
Fixed cost
Factory equipment
Fixed cost
Property tax expense
Fixed cost
Rent on leased premises
Fixed cost
Salary of a security person working at the factory.
Fixed cost
Salary of a security person working in the sales building.
Fixed cost
Assembly line workers salary.
Fixed cost Direct product cost
Fuel for an airline.
Variable cost
Metal used for the production of a saucepan
Variable cost
Shoelaces for a shoe manufacturer.
Variable cost
Steak for a restaurant.
Variable cost
Wood for a furniture manufacturer.
Variable cost
Income tax expense
Neither fixed, variable or semi variable: income tax is calculated after all other fixed and variable costs are considered and deducted from gross sales. That number is your Net Profit, and income tax is calculated based on that number (not on the number of units one produces).
Sales force compensation that include a base salary and commission based on sales.
Semi-variable cost
Utilities for the month of August for a factory located in Arizona.
Semi-variable cost