4 ms·
Pretty sure he means highest of all fixed costs, not variable costs (COGS).
by missedthecue 5y ago
Pretty sure he means highest of all fixed costs, not variable costs (COGS).
- jimmaswell 5y agoI think anyone who's not deep in accounting would assume we're just talking about the simple sum of all expenses, not specifically fixed or variable. Like if over a month I paid $100 in rent, $100 in payroll, and $100 in new equipment, labor was 33%.