What is the meaning of FIXED COSTS?

Operating expenses that are incurred to provide facilities and organization that are kept in readiness to do business without regard to actual volumes of production and sales.' FIXED COSTS' remain relatively constant until changed by managerial decision. Within general limits they do not vary with business volume. Examples of fixed costs consist of rent, property taxes, and interest expense.

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APABarry Goldsmith. (2010). fixed costs. Retrieved September 23, 2026, from http://smartdefine.org/fixed_costs/definitions/1154122
ChicagoBarry Goldsmith. 2010. "fixed costs" http://smartdefine.org/fixed_costs/definitions/1154122 (accessed September 23, 2026).
HarvardBarry Goldsmith 2010, fixed costs, Smart Define, viewed 23 September, 2026, <http://smartdefine.org/fixed_costs/definitions/1154122>.
MLABarry Goldsmith. "fixed costs" 21 October 2010. Web. 23 September 2026. <http://smartdefine.org/fixed_costs/definitions/1154122>
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