FIXED COSTS
fixed costs: translation
costs, which are incurred by a business whether it is operating to generate income or not and which do not necessarily increase or decrease as a total volume of production, increases or decreases. Rent, for example, must be paid whether or not any business is accomplished. Glossary of Business Terms
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Company costs such as interest charges, insurance and rent, which do not vary with the level of production or sales. On the other hand, variable costs, such as raw materials and labour, do change with the level of production or sales.