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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
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.
Describe cost on the basis of behaviour.
Indirect material scrap is adjusted along with ______.
Total variable cost per unit increases ______.
The cost remains same at all levels of output is called ______ cost.
Which cost decreases with increase in the volume of output?
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?
Distinguish between controllable and uncontrollable costs.
Distinguish between direct costs and indirect costs.
Give an example of opportunity cost.
The term "variable costs" refers to ______.
Amount spent to purchase a machinery is the example of ______ cost.
"Some costs are semi-variable in nature." Comment.
Classify cost according to its nature.
Explain with an example, the meaning of fixed costs.
