Advertisements
Advertisements
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.
Advertisements
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.
APPEARS IN
संबंधित प्रश्न
Overheads are often related to accounting concepts such as fixed cost and ______ cost.
Which cost decreases with increase in the volume of output?
Which of the following best describes a fixed cost?
Distinguish between Direct Labour cost and Indirect Labour cost.
The term “variable costs” refers to ______.
Fixed cost is a cost which ______.
Variable cost per unit increases when ______.
Give an example of Semi-Fixed cost.
Classify cost according to its nature.
Explain with an example the meaning of variable costs.
