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प्रश्न
Variable cost is a cost that ______.
पर्याय
Changes with the level of output.
Remains same at all levels of output.
Either changes with the level of output or remains same at all levels of output.
None of these.
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उत्तर
Variable cost is a cost that changes with the level of output.
Explanation:
Variable expenses are directly related to the degree of production or output. Variable costs rise with increased production and fall with decreased production. Variable costs include raw supplies, direct labour costs, and production-related utility charges.
संबंधित प्रश्न
Distinguish between Fixed cost and Variable cost.
Describe cost on the basis of behaviour.
Total variable cost per unit increases ______.
Which of the following cost is time based?
Which definition best describes indirect costs?
Which of the following best describes a fixed cost?
Fixed cost is a cost which remains same at ______.
Distinguish between controllable and uncontrollable costs.
Distinguish between direct costs and indirect costs.
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 ______.
What do you mean by Semi-Fixed cost?
Classify cost according to its nature.
Explain with an example, the meaning of fixed costs.
Write short notes on Variable Costs.
