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Consider that the rock outcrops at the surface of the land in your neighborhood are Permian. What would be true if you dig downward?
Fixed Overhead
Regular, fixed business costs that do not fluctuate with changes in production level or sales volume, such as rent or salaries.
Incremental Income
Additional income generated as a result of a particular business decision or action.
Direct Costs
Expenses that can be directly linked to the production or sale of a specific product or service.
Indirect Costs
Expenses that are not directly attributable to a specific project, product, or activity but are necessary for the general operation of a business, such as utilities or administrative salaries.
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