Fixed costs are costs that are billed or incurred at a regular interval and usually at a fixed rate.

Name: Fixed costs are costs that are billed or incurred at a regular interval and usually at a fixed rate.
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Fixed costs are expenses that remain the same regardless of the level of production or sales volume. They are typically charged at a predetermined rate over a specified period, such as rent, insurance premiums, or lease payments.

Fixed Costs Are Costs That Are Billed or Incurred at a Regular