Advertisements
Advertisements
प्रश्न
Distinguish between shut down cost and sunk cost.
Give one difference between shut down cost and sunk cost.
Advertisements
उत्तर
- Shutdown costs are caused by temporary difficulties, such as a shortage of raw materials, whereas sunk costs result from past decisions that cannot be altered.
- While no work is done during the shutdown, fixed costs must still be paid; in contrast, work is done during the sunk cost period.
APPEARS IN
संबंधित प्रश्न
Write a short note on direct costs.
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.
The cost remains same at all levels of output is called ______ cost.
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.
Which definition best describes indirect costs?
Fixed cost is a cost which remains same at ______.
What is opportunity cost?
Distinguish between controllable and uncontrollable costs.
Distinguish between direct costs and indirect costs.
The term "variable costs" refers to ______.
Fixed cost is a cost which ______.
Fixed cost per unit decreases when ______.
Write short notes on Variable Costs.
