Fixed overhead refers to the consistent, non-variable costs incurred by a business regardless of production levels. These expenses, such as rent, salaries, and insurance, remain constant over time and do not fluctuate with changes in output. Understanding what is fixed overhead is crucial for budgeting and financial planning, as it helps in determining the break-even point and pricing strategies.
CMA Prep Course
CMA Exam Academy is a proven, 16-week per part online coaching program to help you pass the CMA. The Academy’s comprehensive curriculum will help you pass the CMA exam and achieve your dreams of earning 6-figures per year, ascend to the executive ranks and earn the respect from your peers.
