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"In Memoriam of our Founder, our Patriarch, and my Partner...
Rest in peace, Dad"
Palestra Financial
1904 Duck Slough Blvd., Trinity, FL 34655
Phone: 844-WHY-PLAN™
Website: www.PalestraFinancial.com
QUESTION
What's the difference between fixed and variable costs?
Most businesses have both fixed and variable costs. Fixed costs, or overhead expenses, are incurred regardless of a change in production and sales volume. Examples of fixed costs include rent, insurance, utilities, and some taxes (like property tax).
Examples of variable costs include raw materials, delivery expenses, sales commissions, and credit card processing fees.
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