At Westonci.ca, we provide clear, reliable answers to all your questions. Join our vibrant community and get the solutions you need. Our platform offers a seamless experience for finding reliable answers from a network of knowledgeable professionals. Explore comprehensive solutions to your questions from a wide range of professionals on our user-friendly platform.
Sagot :
Property taxes on the factory building is an example of a committed fixed cost at Bennett, Inc.
What are committed fixed cost?
The costs necessary to maintain current production capacity are referred to as committed fixed costs or capacity costs. These expenses result from top managers' long-term choices regarding the scope and makeup of their firm.
committed fixed costs are essential for the efficient functioning of a business, and their absence may disrupt such operations, which could have a real effect on the organization.
For businesses, property taxes are a fixed expense. The taxes normally don't vary and are only adjusted for improvements in the value of the related asset or facility. However, property taxes typically remain constant from year to year.
To know more about fixed cost refer to: https://brainly.com/question/14597388
#SPJ4
Visit us again for up-to-date and reliable answers. We're always ready to assist you with your informational needs. We appreciate your time. Please revisit us for more reliable answers to any questions you may have. Stay curious and keep coming back to Westonci.ca for answers to all your burning questions.
