fixed cost

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Related to Fixed Expense: Variable costs, Variable Expense

fixed cost

[¦fikst ′kȯst]
(industrial engineering)
A cost that remains unchanged during short-term changes in production level. Also known as overhead; overhead cost.
McGraw-Hill Dictionary of Scientific & Technical Terms, 6E, Copyright © 2003 by The McGraw-Hill Companies, Inc.
References in periodicals archive ?
It is the contribution out of which all fixed expenses and wages have to be met.
For instance, my gross sales are $400,000, my cost of sales are $240,000 and I have fixed expenses of $170,000.
One reason RRGs are formed is that they can be direct-writing insurance companies with lower fixed expenses, since a fronting insurance carrier is not required to issue policies.
Fixed expenses climbed 10.7 percent to $269.38 per unit from $243.38 the year earlier.
If fixed expenses do not change, then net income also will increase by the same amount.
City rankings for total operating plus fixed expenses mirrored the office rent rankings.
While interest rates have continued the downward spiral, most other fixed expenses a cooperative must address have spiked drastically during the same two-year period.
In Table 4, the salary and the portion of the general and administrative costs related to the billings and account receivable functions (BAR) are considered traceable fixed expenses.
Your fixed expenses include: mortgage or rent, property taxes, utilities, homeowner's expenses, car and life insurance, groceries, clothing and dry-cleaning costs, public transportation, gas and maintenance for your car, phone bill, household help, tax liability, credit card and bank payments, and miscellaneous necessary expenses.
In the other direction, fixed expenses (primarily composed of property taxes) that usually rise by 10 percent or more, rose by 6.5 percent between 1987 and 1988.

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