What do you mean by fixed costsfixed costcost may be, Ask an Expert

Management Studies

What do you mean by fixed costs?

Fixed Cost:

Cost may be described as the amount of expenditure incurred upon, or attributable to a specified thing. Fixed costs are such costs that tend to remain constant irrespective of the volume of output or sales. Illustrations of fixed costs as given below: staff salaries, administration expenses, rent and establishment charges as well as depreciation.

View complete question

Project Management, Management Studies

Category:- Project Management
Reference No.:- M9577907

Have any Question?Write your Review or question?

Related Questions in Project Management

Mikes tees a relatively large company that prints t-shirts

Mike's Tees, a relatively large company that prints T-shirts, is developing a system that allows customers to upload their image files on a server and have them printed on T-shirts. The project was drafted and planned to ...

Define the kano model and how it helps in gathering

Define the Kano model and how it helps in gathering customer requirements.

1 what are some benefits and values of scheduling software

1) What are some benefits and values of scheduling software in a project schedule?

Project management for business assignment -enabling a

Project Management for Business Assignment - Enabling a Customer-Centric Experience through Project Management (Case Study Adapted from Project Management Institutes) Organization: Du Telecom and Huawei Technologies Co. ...

Assessmentthis assignment involves the portfolio of

Assessment This assignment involves the Portfolio of Materials and Team Charter 1. Description and justification of the innovation process used. A 1-page plan/outline that explains how social media will be used A short b ...

Developing an innovative solution to a problem involves

Developing an innovative solution to a problem involves several steps.kindly elaborate?

Discuss the different approaches to developing either a

Discuss the different approaches to developing either a Product Breakdown Structure (PBS) OR a Work Breakdown Structure (WBS).

Advanced topics in project management assignment -outline -

Advanced Topics in Project Management Assignment - Outline - Project management is a highly regarded discipline in engineering. It experienced a number of changes or "natural evolution" in the last century, influenced by ...

42908 assessment task - project proposal1 executive summary

42908 Assessment Task - Project Proposal 1. Executive Summary - Brief overview of project, main aim of project, potential findings and conclusions. 2. Introduction - Presents general project area, relevance of project, s ...

What methods could a project manager use to resolve

What methods could a project manager use to resolve resource overloads?

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Project Management Expert