asked 52.9k views
3 votes
In estimating the profitability of a catering business blank is most likely to be considered a fixed expense in your overhead costs

asked
User Niventh
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8.6k points

2 Answers

4 votes

Answer:

insurance premiums

Step-by-step explanation:

An insurance premium is the amount of money a business pays for an insurance policy. It is a fixed sum of money, unlike the cost of rental equipment or utilities charges or temporary staff wages that may vary and, for that reason, can hardly be considered to be fixed expenses.

answered
User Yotam Salmon
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8.4k points
3 votes
in estimating profitability of a catering business, the one that is most lilely to be considered a fixed expense in yhe overhead cost is : Insurance premiums Fixed expense held the same amount no mater how much sales you made. In insurance premiums, you pay exactly the same amount per month, so i think insurance premiums could be grouped in as a fixed expense
answered
User Navneet
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8.0k points
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