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Cost Descriptors Paper

Essay specific features

 

Issue:

Business

 

Written by:

Susie V

 

Date added:

November 11, 2014

 

Level:

 

Grade:

A

 

No of pages / words:

4 / 846

 

Was viewed:

7362 times

 

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Essay content:

The terms, which will be included in this report, include fixed, variable, direct, indirect, sunk, marginal and total costs. This report will serve the purpose of giving the HR manager the knowledge and understanding necessary to run a business. Fixed Cost Fixed costs are costs, which do not vary or change depending on or according to sales and/or production levels in a firm (Block & Hirt, 2005)...
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Examples of fixed costs include insurance, property tax, rent or interest expenses. A business owner or retailer has to pay utilities and rent no matter how much money they make in sales. The rent and utilities are fixed costs because they do not change whether the retailer has much or little profit or losses...
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General issues of this essay:
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