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.
A foal will usually get up within an hour of foaling and should nurse within 2 to 4 hours. Nursing should be within 4 hours to maximize the absorption of colostral antibodies. The foals intestinal tract can absorb antibodies from the colostrum for the first 24 hours after foaling.