Fixed Costs

Costs of doing business such as rentConsideration paid for the use of property., utilitiesRefers to services rendered by public utility companies, such as: water, gas, electricity, telephone., depreciationThe loss in value from all causes to property, after construction or purchase., taxes, etc., that remain generally the same regardless of the amount of sales of goods or services.

Fixed Costs

Refers to those costs which are payable monthly and which do not relate to actual claims paidThis is the amount of tax posted as paid for the year in question, either in installment payments or or incurred, for example, premiumThe sum paid by a policyholder to keep an insurance policy in force and administration costs.