Fixed costs are those costs that remain the same regardless of any change in the company's activity level. the CIO'S salary is an example of a fixed cost. Fixed costs are expenses that must be paid by a business regardless of its unique business operations.
This indicates that fixed expenses are often indirect, in the sense that they do not apply to the creation of goods or services by a corporation. Companies often have two categories of costs: fixed costs and variable costs, which add up to total costs. The shutdown points are commonly used to reduce the fixed expenses.
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