What is the meaning of FIXED CHARGE?

Those expenses incurred each time a batch of product is produced. Primarily consists of ordering cost for the raw material, engineering costs for machine setup and preparation for the production run, and work order processing cost; also known as SETUP COST.

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APABarry Goldsmith. (2010). fixed charge. Retrieved September 21, 2026, from http://smartdefine.org/fixed_charge/definitions/1154119
ChicagoBarry Goldsmith. 2010. "fixed charge" http://smartdefine.org/fixed_charge/definitions/1154119 (accessed September 21, 2026).
HarvardBarry Goldsmith 2010, fixed charge, Smart Define, viewed 21 September, 2026, <http://smartdefine.org/fixed_charge/definitions/1154119>.
MLABarry Goldsmith. "fixed charge" 21 October 2010. Web. 21 September 2026. <http://smartdefine.org/fixed_charge/definitions/1154119>
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