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Fixed and Variable Costs

Term in Qoyod's Accounting Glossary — Practical definition with examples from the Saudi market.

What is Fixed and Variable Costs?

Fixed costs stay constant over a relevant range of activity (rent, salaries, depreciation). Variable costs change in proportion to activity (raw materials, sales commissions). The split is essential for cost-volume-profit analysis.

How It Works

  • Classify each cost as fixed, variable, or mixed.
  • Split mixed costs using the high-low method or regression.
  • Use in pricing, break-even, and profit planning.

Saudi Context

Saudi manufacturers with heavy SASO compliance and Saudization-driven payroll often see fixed costs at 40 to 60% of total — a key driver of operating leverage.

Example

A Saudi factory has SAR 3 million annual fixed costs and SAR 25 per unit variable cost. Selling at SAR 50/unit, break-even is 120,000 units.

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