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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.
Describe cost on the basis of behaviour.
Indirect material scrap is adjusted along with ______.
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 ______.
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 ______.
Direct cost increases when ______.
Explain the following:
Sunk cost
Distinguish between shut down cost and sunk cost.
The term “variable costs” refers to ______.
Fixed cost per unit decreases when ______.
A cost that is easily traceable to a cost object is known as ______.
"Some costs are semi-variable in nature." Comment.
Explain with an example the meaning of variable costs.
