Committed Fixed Cost Definition
Committed Fixed Cost Definition:
Committed fixed costs are those fixed costs that are difficult to adjust and that relate to the investment in facilities, equipment, and the basic organizational structure of a firm.
Other Related Accounting Articles:
- Organizational Chart Definition
- Organizational Chart Definition
- Cost Structure Definition
- Cost Volume Profit (CVP) Consideration in Choosing a Cost Structure
- Organizational Culture Definition
- Assumptions of Cost-Volume-Profit (CVP) Analysis
- Organizational Behavior Definition
- Universality of Management Definition
- Discretionary Fixed Cost Definition
- Effect of Change in Regular Sales Price on Contribution Margin and Profitability
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