A cost that does not vary depending on production or sales levels, such as rent, property tax, insurance, or interest expense.
Cost s that remain constant as production volume varies in the relevant range of production. Fixed cost per unit decreases as total fixed cost is spread over an increasing number of units. [D03504] GAT cost that stays the same over time, such as for material s, regardless of the task duration or how much work task requires. [D00696] MSP98
A production cost that is independent of increases in volume (example: the rent paid monthly by an ice cream shop, which would not change regardless of how many ice cream cones are sold a month)