You must understand fixed overhead expenses in order to understand absorption costing and variable costing. Fixed overhead consists of expenses that do not change with your level of production. Examples of fixed overhead include rent, insurance, wages for permanent full-time employees, and lease payments on equipment.
Whereas it may be safe to start a horse as early as two years of age, you must reasonably moderate the demands you are about to place on the developing horse. One hour of riding work may be just fine for a fully developed horse, but it is most often unacceptable for a two-year old.
Foals will meet their nutritional requirements in their first 2-3 months of age from the mareâs milk and pasture. If a foal and mare are in good condition, the foal does not need to start creep feeding until it is at least 2 months old. However, some may need to start creep feeding by 30 days of age. In the third month of lactation the mareâs milk production drops while the foalâs nutritional needs keep increasing.