The main difference between fixed cost and variable cost is that fixed cost is cost that remains fixed throughout the production period irrespective of the level of production. Variable cost are those costs that varies according to level of production. In case of low production, it will be low and vice versa.
Audi of America, Bentley Motors Inc., Volkswagen Group of America, Inc. (sometimes referred to as Volkswagen of America, abbreviated to VWoA), is the North American operational headquarters, and subsidiary of the Volkswagen Group of automobile companies of Germany.
The headquarters of Lenovo's new PC business will be in New York and it will have major operations in Raleigh, North Carolina, in the U.S. and in Beijing. Stephen Ward, currently the senior vice president and general manager of IBM's personal systems group, will become chief executive officer of Lenovo.