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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
Distinguish between Fixed cost and Variable cost.
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.
Overheads are often related to accounting concepts such as fixed cost and ______ cost.
Variable cost is a cost that ______.
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?
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.
Wages paid to a labour who was engaged in the production activities can be termed as ______.
What is opportunity cost?
Explain the following:
Sunk cost
Distinguish between direct costs and indirect costs.
Distinguish between shut down cost and sunk cost.
Fixed cost is a cost which ______.
Variable cost per unit increases when ______.
Give an example of Semi-Fixed cost.
Explain with an example the meaning of fixed costs.
Explain with an example the meaning of variable costs.
