A business can be surprised – rudely or pleasantly – when fixed costs don't remain fixed. When accounting for the costs of products and services, a company assumes that certain costs remain fixed as ...

The relevant range of operating capacity is the budget within which a company expects to operate -- usually during a short-term period. As such, the relevant range has minimum and maximum limits -- ...

Steven Nickolas is a writer and has 10+ years of experience working as a consultant to retail and institutional investors. Somer G. Anderson is CPA, doctor of accounting, and an accounting and finance ...

Every business has operating expenses — that is, the costs of running the business. These expenses can generally be classified in two ways: Fixed expenses and variable expenses. Understanding the ...