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What is Fixed Cost

Chapter 6
Throughput Accounting in a Hyperconnected World
An expense which does not depend on the rise or diminishing of the number of services provided.
Published in Chapter:
Throughput Accounting: The Analysis of Managerial Implications on the Tourism Services Market
Andreea Marin-Pantelescu (The Bucharest University of Economic Studies, Romania), Cristina-Ștefania Popa (The Bucharest University of Economic Studies, Romania), and Nermin Sharbek (The Bucharest University of Economic Studies, Romania)
Copyright: © 2019 |Pages: 25
DOI: 10.4018/978-1-5225-7712-6.ch006
Abstract
This chapter presents some aspects of the managerial implications of throughput accounting on the tourism services market in Romania. The main objectives of this chapter are to present a comparative analysis of the managerial implications between the throughput accounting and the managerial accounting methods used by the entities from tourism industry. Based on the literature, the authors present the main theoretical and practical approaches to the throughput accounting, its principles, and correlations with various theories and methods. The throughput accounting contributes substantially to the managerial decision regarding the financial reporting of the entities providing tourism services. All the aspects presented by the authors are based on the international literature, university, and specialized studies within the providing tourism services entities. This chapter will contribute to widening the theoretical and practical debates on the implementation and benefits of throughput accounting within tourism services entities.
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Chapter 10
Competition, Regulation and Broadband Diffusion in New Zealand
A cost that does not vary with the number of units produced (for suppliers) or consumed (for consumers).
Published in Chapter: Competition, Regulation and Broadband Diffusion in New Zealand; From: Handbook of Research on Global Diffusion of Broadband Data Transmission
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Chapter 4
Sustainable Approaches of Blockchain Tech, Artificial Intelligence, and Climate Finance in the 4&5IR: Low Emission Technologies and Economy
In this chapter, the fixed cost term is used to define the different long term assets costs of the climate friendly project or new developments. Fixed cost refers to the expenses on any long-term assets purchase or developments (e. g., land purchases, green technology purchase). This cost will never change within a year or more than a year for example, land or office rent.
Published in Chapter: Sustainable Approaches of Blockchain Tech, Artificial Intelligence, and Climate Finance in the 4&5IR: Low Emission Technologies and Economy; From: Perspectives on Blockchain Technology and Responsible Investing
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Chapter 7
Supply Chain Management of Seven-Eleven Japan
Fixed amount of costs that are incurred regardless of sales amount, even if no manufacturing, sales, or other operations are conducted, including labor costs, ground rent, utilities, leases, advertising, depreciation, etc.
Published in Chapter: Supply Chain Management of Seven-Eleven Japan; From: Frameworks and Cases on Evolutional Supply Chain
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Chapter 3
Budgeting as a Tool for Sustainable Development
It is a cost item in activities. Total fixed cost remains same in all production levels of a company.
Published in Chapter: Budgeting as a Tool for Sustainable Development; From: Handbook of Research on Supply Chain Management for Sustainable Development
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