Question

A restaurant is busy in the summer months but fairly slow in the winter months and has trouble earning enough revenue to pay the​ rent, utilities, and management salaries to cover the operation. these expenses are known as which type of​ costs?

Answer 1

That type of expenses or costs are called Operating expense or more commonly knwon as OPEX. This is an ongoing flow of cost for running a business or a system. In those expenses we can include rents, utilities, and management salaries. Basically stated, this is the money the restaurant spends in order to turn inventory into performance