Reviewed by Andy Smith Fact checked by Yarilet Perez The total cost of a business is composed of fixed costs and variable ...

courtneyk / Getty Images Fixed costs are expenses that remain the same no matter how much a company produces, such as rent, property tax, insurance, and depreciation. Variable costs are any ...

Reviewed by Amy Drury Fact checked by Yarilet Perez Production Costs vs. Manufacturing Costs: An Overview Production costs reflect all of the expenses associated with a company conducting its business ...

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 ...

Costs are split into three main categories: fixed, variable, and total costs. Fixed costs are costs for a business that do not change, no matter what the level of output for the business.