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प्रश्न
Variable cost is a cost that ______.
विकल्प
Changes with the level of output.
Remains same at all levels of output.
Either changes with the level of output or remains same at all levels of output.
None of these.
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उत्तर
Variable cost is a cost that changes with the level of output.
Explanation:
Variable expenses are directly related to the degree of production or output. Variable costs rise with increased production and fall with decreased production. Variable costs include raw supplies, direct labour costs, and production-related utility charges.
संबंधित प्रश्न
Distinguish between Fixed cost and Variable cost.
Indirect material scrap is adjusted along with ______.
The cost remains same at all levels of output is called ______ cost.
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 ______.
Which of the following best describes a fixed cost?
Fixed cost is a cost which remains same at ______.
Direct cost increases when ______.
Fixed cost is a cost which ______.
Fixed cost per unit decreases when ______.
A cost that is easily traceable to a cost object is known as ______.
"Some costs are semi-variable in nature." Comment.
What do you mean by 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.
