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प्रश्न
Distinguish between shut down cost and sunk cost.
Give one difference between shut down cost and sunk cost.
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उत्तर
- Shutdown costs are caused by temporary difficulties, such as a shortage of raw materials, whereas sunk costs result from past decisions that cannot be altered.
- While no work is done during the shutdown, fixed costs must still be paid; in contrast, work is done during the sunk cost period.
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संबंधित प्रश्न
Describe cost on the basis of behaviour.
Indirect material scrap is adjusted along with ______.
Variable cost is a cost that ______.
Which cost decreases with increase in the volume of output?
It refers to the expenses incurred on those items which are not directly chargeable to production. Salaries of timekeeper, foremen and watchmen are examples of this cost. This cost is incurred for the concern as a whole rather than a particular product.
Distinguish between direct costs and indirect costs.
Distinguish between Direct Labour cost and Indirect Labour cost.
Give an example of opportunity cost.
The term "variable costs" refers to ______.
Fixed cost per unit decreases when ______.
"Some costs are semi-variable in nature." Comment.
What do you mean by Semi-Fixed cost?
Give an example of Semi-Fixed cost.
Explain with an example, the meaning of fixed costs.
Explain with an example, the meaning of variable costs.
Write short notes on Variable Costs.
