Give four examples of Fixed Costs.
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Answer:
Fixed cost include Rent, insurance premiums, loan and payments.
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- Here are several examples of fixed costs:
- Amortization. This is the gradual charging to expense of the cost of an intangible asset (such as a purchased patent) over the useful life of the asset.
- Depreciation. ...
- Insurance. ...
- Interest expense. ...
- Property taxes. ...
- Rent. ...
- Salaries. ...
- Utilities.
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