Examlex
Use the following to answer questions :
-Great Zimbabwe
Fixed Costs
Expenses that do not fluctuate with the level of goods or services produced by the business.
Net Income
The total earnings of a person or organization after subtracting all expenses and taxes.
Variable Costs
Costs that change in proportion to the level of activity or volume of production in a company.
Fixed Costs
Expenses that do not change in proportion to the activity of a business, such as rent, salaries, and insurance.
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