Which of the following are fixed, variable or overhead costs

Rent for office space Insurance Raw materials

Delivery / Shipping Charges Rent Paid General office expenses
Weekly payroll Salaries Manufacturing supplies
Equipement depreciation Equipment rental Interest on loan
Sales commissions Legal Expenses Packing boxes
Advertising and publicity Maintenance Security personnel salary
Depreciation Electricity, water Taxes
Software Computing services

Fixed Variable Overhead

Rent Paid Raw materials General office expenses

Insurance Manufacturing supplies Electricity, water

Salaries Sales commissions Maintenance

Equipement depreciation Packing boxes Legal Expenses

Depreciation Delivery / Shipping Charges Advertising and publicity

Rent Paid Computing services

Equipment rental Software

Taxes

Interest on loan

Security personnel salary

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Describe:

1. Incorporated business: It is the type of business where the owner or partnership gives benefits to the
proprietor for their securities.
2. Private limited company: A company where the ownership is limited by the capital they manage, as well
as the limited liability.
3. Public limited company: A type of business with limited liability but that offers shares to the public.

Complete the following table by ticking the appropriate boxes alongside each source of finance.
Sources of Long-term Medium-ter Short-term Available to Available to Available to
finance finance m finance finance unincorpora private public
ted limited limited
businesses companies companies

Sale of
shares to
the public X X

Sale of
debentures
X X

Leasing
X X X

Debt
factoring
X

Loans from
family
X X

Take on
partners
X X

Rights
issue of
shares X X

Ten-year
bank loan
X X X

Bank
overdraft X X