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प्रश्न
Which of the following best describes a fixed cost?
विकल्प
A cost that remains at the same level up to a particular level of output.
The cost changes with levels of output.
A cost that remains at the same level when output increases.
None of these.
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उत्तर
A cost that remains at the same level up to a particular level of output.
Explanation:
A fixed cost remains constant within a relevant range up to a particular level of output; for example, rent and machinery depreciation. It doesn’t vary with the number of units produced, though the fixed cost per unit falls as output increases.
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.
Total variable cost per unit increases ______.
Which cost decreases with increase in the volume of output?
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.
Explain the following:
Sunk cost
Distinguish between direct costs and indirect costs.
Distinguish between shut down cost and sunk cost.
The term “variable costs” refers to ______.
Fixed cost is a cost which ______.
Fixed cost per unit decreases when ______.
Variable cost per unit increases when ______.
"Some costs are semi-variable in nature." Comment.
What is meant by variable cost?
What do you mean by Semi-Fixed cost?
Explain with an example the meaning of variable costs.
