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.
3. Several days before foaling many mares will start to drip milk Remember, it takes 11 months for a horse, not 9 like for people and cows. Most mares foal in the spring, and usually in the wee hours of the morning when all is quiet.