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प्रश्न
The cost remains same at all levels of output is called ______ cost.
विकल्प
variable
fixed
flexible
urgent
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उत्तर
The cost remains same at all levels of output is called fixed cost.
Explanation:
Fixed costs mean costs that do not vary or remain constant within a given period of time and range of activity in spite of fluctuations in output.
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संबंधित प्रश्न
Distinguish between Fixed cost and Variable cost.
Describe cost on the basis of behaviour.
Total variable cost per unit increases ______.
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.
Explain the following:
Sunk cost
Distinguish between controllable and uncontrollable costs.
Distinguish between direct costs and indirect costs.
Give an example of Semi-Fixed cost.
Write short notes on Variable Costs.
