is insurance premiums for fire insurance an example of variable cost?
variable cost
the law diminishinf mean fixed cost and variable cost
Variable cost refers to the TOTAL variable cost of all units, whereas marginal cost is the variable cost of the last unit only. Variable cost is the sum of all the individual marginal costs. The derivative of the Variable Cost is the Marginal Cost. The integral of the Marginal cost is the Variable Cost.
E. Wages of production workers. If a firm were to shut down production, rent would still be owed, insurance premiums would still have to be paid, they would have to honor their long term contracts, and interest payments would still have to be met. But it could lay off any workers not under contract.
yes..depreciation cost is the variable cost..
According to a July 2012 article on the website CNNMoney, the cost of medical health insurance has been increasing over time. Health care premiums have been increasing at a rate greater than that of inflation. In 2011 for example, premiums increased by 8% for individuals and 9% for family coverage.
Yes, the cost of life insurance premiums can depend on your age. Generally, the younger you are when you apply for life insurance, the lower your premiums will be. This is because younger people are considered to be at lower risk of death and thus pose less of a financial liability to the insurance company. Age is one of the factors that insurers use to determine premiums, along with other factors such as your health, lifestyle, and coverage amount.
The price of USAA insurance will depend on various factors like your status in life, financial history and your needs. For example if you are a young healthy person you may not want many premiums and the cost of insurance may be lower; but if you are a couple with children then it may be much higher.
periodic premiums, which unlike investments can't be withdrawn
If you are asking about insurance for driving a commerical truck like a Freightliner, for example: The limit of liability insurance typically required is $1,000,000. If you have a perfect driving record, expect this liability insurance to cost in the range of $700 per month. If you have one speeding ticket, for example, expect this to cost in the range of $900-$1000 per month. Premiums will be higher in some states.
Variable cost is the cost which varies as variation in production units For example if 10 units produce variable cost = 100 if 100 units produce variable cost =1000 so per unit variable cost = 10
Yes. Health insurance premiums are tax deductible to an individual under IRC Section 213(d).
variable cost
The costs or premiums could be paid by anyone.
Premiums for home insurance varies widely from state to state. It depends on the amount of coverage. However, for basic coverage, the cost will start at about $75 per month.
-Total cost of insurance coverage. You are to consider all the insurance policies you are having on your life,total the premiums for payment on the pre fixed mode
Employers pay the premiums. Which means that the cost is priced into what the business charges for its products or services.