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प्रश्न
Explain with an example the meaning of fixed costs.
Explain fixed cost with suitable examples.
What do you understand by fixed cost? Explain with the help of an example.
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उत्तर
- Fixed costs are those costs that remain fixed in amount irrespective of changes in the volume of output during a given period of time.
- Such costs do not change with changes (increase or decrease) in the level of activity up to a certain limit.
- Rent, insurance, and the depreciation of plants are examples of fixed costs.
- Salaries for permanent staff are considered fixed costs.
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संबंधित प्रश्न
Write a short note on direct costs.
A firm has to pay a fixed rent of ₹ 500 for the postpaid mobile bill and further pay extra charges for the calls made in a month. Identify the type of cost mentioned here.
Which cost decreases with increase in the volume of output?
Which of the following cost is time based?
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.
Which definition best describes indirect costs?
Wages paid to a labour who was engaged in the production activities can be termed as ______.
Distinguish between controllable and uncontrollable costs.
The term “variable costs” refers to ______.
Fixed cost is a cost which ______.
A cost that is easily traceable to a cost object is known as ______.
"Some costs are semi-variable in nature." Comment.
What is meant by variable cost?
What do you mean by Semi-Fixed cost?
Give an example of Semi-Fixed cost.
Write short notes on Variable Costs.
