For most businesses, annual straight line depreciation expense on the company's building is fixed cost.
A fixed cost is one that does not change no matter how many units of a good or service are produced or sold. Fixed costs are expenses a company must pay regardless of the specific economic operations it does. As a result, fixed expenses are often indirect because they have nothing to do with how a firm produces any goods or services. Both fixed expenses and variable costs, which together make up a company's total costs, are common. It's common practice to reduce fixed expenses by using shutdown points.
Learn more about fixed costs here:
brainly.com/question/17100497
#SPJ4
Answer:
Fifo
Explanation:
Because the stock that is bought first should be the one to be purchased first
Answer:
The correct answers are "collection of individuals
" and "pay no income tax".
Explanation:
A partnership itself does not pay income taxes directly. The partnership files an information return that allows it not to pay the income directly. However, while the partnership itself is not taxed on its income, each partner is taxed on his or her share of the partnership's income.
Have a nice day!
Answer:
standing
Explanation:
Standing -
It refers to the situation , when the party who has filed the complaint on the court is not able to show any proof for the case filed , is referred to as standing .
It refers to the type of some medical report , any eye witness ,or any clue or proof against the other party , can be provided to the court .
Hence , from the given scenario of the question ,
The correct term is standing .
Answer:
£10,000
Explanation:
The total expenses will be the total cost of all the expenses which will be
=Shop rent + Stock + Packaging + Salaries +Utilities + Insurance
=£2,000 +£6,000 + £500 + £1,200 + £150 + £150
=£10,000