write a not note on fixed cost and variable cost
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Common examples of fixed costs include rental lease or mortgage payments, salaries, insurance payments, property taxes, interest expenses, depreciation, and some utilities.
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Variable costs are any expenses that change based on how much a company produces and sells. This means that variable costs increase as production rises and decrease as production falls. ... Fixed costs, on the other hand, are any expenses that remain the same no matter how much a company produces.
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