fixed costs

PIB TIP: FIXED AND VARIABLE COSTS. A fixed cost is determined and does not change from month to month. Any expense related to time, such as a tractor payment, insurance payment, permit and license fees, is a fixed cost. That cost will be the same every day whether your truck is driven one mile or 600 miles. A variable cost – such as fuel, tires and maintenance – is related to how much you drive. ...

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