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प्रश्न
What do you mean by Semi-Fixed cost?
Explain the following:
Semi-fixed costs
Explain semi-variable cost with suitable example.
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उत्तर
- Semi-fixed costs are those costs which vary but not in direct proportion to changes in the volume of production.
- They are a combination of fixed and variable costs. In other words, semi-fixed costs are partly fixed and partly variable.
- Such costs are neither perfectly fixed nor absolutely variable.
- The fixed component of such costs represents the cost of providing capacity, and the variable component is caused by using the capacity.
- For example, the rent of a telephone is a fixed cost, whereas the charges for calls made during a month are a variable cost.
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संबंधित प्रश्न
Write a short note on direct costs.
Distinguish between Fixed cost and Variable cost.
Variable cost is a cost that ______.
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.
What is opportunity cost?
Give an example of opportunity cost.
Amount spent to purchase a machinery is the example of ______ cost.
"Some costs are semi-variable in nature." Comment.
Give an example of Semi-Fixed cost.
