Fixed cost definition

Fixed cost means a cost that remains constant regardless of the quantity of work done.

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Fixed cost means the cost or expense of operating aircraft that result from owning and supporting the aircraft including costs for insurance.

Fixed cost means a charge separately identified and incurred under a purchased power agreement that does not vary with changes in amount used, volume consumed, or units purchased. A fixed cost includes, but is not limited to, administrative fees, accounting fees, facilitation fees, minimum payment amounts, and similar charges.

Examples of Fixed cost in a sentence

• For Cost Plus Fixed Fee, Specified Rate, and Unit Cost - Fixed cost items to be billed at the fixed cost rate.

• Predicted bonus and incentive levels are the amounts used in calculating the Block Hour, Cycle and Fixed cost rates for 2007, grown each year by multiplying by (1 + CPPI).

• Fixed cost reimbursement The employer regularly, and at least once a year, checks whether there is reason to adjust the existing fixed expense allowances in line with changes in the price level of the costs for which these allowances are granted.

• Fixed cost allocations will be trued-up if either Party’s actual usage is greater than their capacity reservation for the year.

• Producer further agrees that, if Producer believes a change in the Factory Fixed cost component of the purchase price for the Products is warranted, Producer shall notify Buyer in writing of such requested change and identify with reasonable specificity the basis for the price change of the Products not less than thirty, nor more than sixty, days prior to an anniversary of the Commencement Date.

More Definitions of Fixed cost

Fixed cost means all costs associated with an electric

Fixed cost means a cost that remains unchanged irrespective of the output level or sales revenue of a firm although, in the long run, no costs are fixed.

Fixed cost means the cost of land, building and machinery of an industrial concern, including the cost of installation of machinery;

Fixed cost means business expenses for the Maple Grove My Ride that are considered indirect costs for overhead and not dependent on the number of revenue hours approved for the contract. The amount allocated for fixed costs will be recurring month to month as long as the total overhead costs remain static. Fixed Costs will increase annually or when changes to the service affect the cost of overhead.

Fixed cost means all the average fixed costs (interest, depreciation, licensing and all elements of comprehensive insurance) per kilometre of a motor vehicle with a purchase price of between R125 000 and R150 000 (including VAT), as determined by the AA from time to time, based on 20 000km traveled per annum and as applicable on 1 January of any calendar year;

Fixed cost means CAM will provide a firm Cost for a requested Service by planning the required Service and providing all the labour and Parts required to complete the Service without additional Cost to the Customer. Fixed Cost pricing does not include defects found during any Inspection, however CAM will offer Fixed Cost rectifications for any Defect found during any Service inclusive of Parts and Labour as a separate Agreement.

Fixed cost. - shall mean the upfront fixed capital costs quoted by the Network Licensee to be paid by the Customer to make the Connection available and be payable upon the signing of the Connection and/or Power Supply Agreement.