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प्रश्न
Costs like rent, insurance etc. which do not change inspite of changes in the volume of output are ______ costs.
विकल्प
Direct
Indirect
Fixed
Variable
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उत्तर
Costs like rent, insurance etc. which do not change inspite of changes in the volume of output are fixed costs.
Explanation:
Rent and insurance are fixed costs because they are overheads that remain constant in total within a given time and activity range, regardless of output. They are indirect expenses by nature but are classified as fixed costs by behaviour.
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संबंधित प्रश्न
Give one example of Variable cost.
"A fixed cost is a cost that a business must pay whether it produces one product or a million. Regardless of output, the business must pay the same," amount spent to purchase a machinery is the example of ______ cost.
The cost which changes as per the levels of production is ______.
The cost which does not vary proportionately but do not remain constant with changes in the volume of output are known as ______ cost.
Telephone cost is an example of ______ cost.
______ cost is activity-based. It increases with increase in output.
What is semi-variable cost?
Give one example of semi-variable cost.
Distinguish between variable cost and semi-variable cost.
What is Fixed Cost?
