Question

In: Accounting

Hi, I need to determine what costs are fixed vs what costs are variable. Listed below...

Hi, I need to determine what costs are fixed vs what costs are variable. Listed below are the expenses.

	American Express Merchant Fees
	Amortization Expense
	Answering Service
	Bank Service Charges
	Bookkeeping Fee
	Brownie Points Rewards
	Customer service Salary
	Cellular Phone
	Computer Equipment
	Constant Contact
	Fax Expenses
	Google AdWords
	Authorize.net Process Fee
	Meals and Entertainment
	Visa Mastiercard Merchant Fees
	Office Supplies
	Parking Expense
	Postage and Delivery
	Printing and Reproduction
	Accounting and legal Fees
	SalesForce.com
	Telemarketing
	Telephone Expense
	Sales Person Commission
	Travel Expense
	Website Development Costs
	Web Hosting
	American Express Merchant Fees
	Amortization Expense
	Answering Service
	Bank Service Charges
	Bookkeeping Fee
	Brownie Points Rewards
	Customer service Salary
	Cellular Phone
	Computer Equipment
	Constant Contact
	Fax Expenses
	Google AdWords
	Authorize.net Process Fee
	Meals and Entertainment
	Visa Mastiercard Merchant Fees
	Office Supplies
	Parking Expense
	Postage and Delivery
	Printing and Reproduction
	Accounting and legal Fees
	SalesForce.com
	Telemarketing
	Telephone Expense
	Sales Person Commission
	Travel Expense
	Website Development Costs
	Web Hosting

Expert Solution

American express merchant fee:variable

Its based on a percentage of your cash advance. So it varies according to your credit in your card. Hence its variable

Amortisation expense : variable

Amortisation expense is write off of an intangible asset over its expected period of life. It might vary on the basis of depreciation method and the sale and purchase of asset

Answering service:variable

It charge according to the number of questions answered

Bank service charges: variable

Bank charges on the basis of service used from it. Hence it will change each year

Bookkeeping fee:fixed

It charged on the basis of volume of transactions of our business. Since volume of business goes not change suddenly, book keeping services are fixed

Brownie points reward: variable

As it depends on completion of task

Customer service salary:fixed

Salary wont change in a short run period

Cellular phone :fixed
Computer equipment :fixed
Constant contact:fixed

It won't vary in the short run

Fax expense:variable

It vary depends on the use of fax service

Google Adword: variable

It very depends on the volume of advertisement

Authorize.net proces fee:variable

It charges per transaction

Meals and entertainment:variable
Visa maater card merchant fee:variable

Variable as per your transactions

Office supplies:variable

Variable depending on the office work

Parking expense: variable
Postage and delivery: variable
Printing and reproduction:variable

Depends on the volume of printing transactions

Accounting and legal fee:variable

Variable depends on the volume of accounting transactions and legal issues

Salesforce. Com: fixed

It is fixed in the short run

Telemarketing :variable

Variable according to volume of marketing

Telephone expense :variable

Variable according to the telephone minutes

Sales person commission :variable

It vary depends on sales done by the staff

Travelling expense :variable

Variable on the basis of travelling done by company staffs and executives

Website development cost:fixed

Its mostly one time charge

Web hosting: fixed

It charged same for every month for same volume and type of service

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