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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
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.
Overheads are often related to accounting concepts such as fixed cost and ______ cost.
Total variable cost per unit increases ______.
Which cost decreases with increase in the volume of output?
Which of the following cost is time based?
Fixed cost is a cost which remains same at ______.
Distinguish between Direct Labour cost and Indirect Labour cost.
Give an example of opportunity cost.
The term "variable costs" refers to ______.
Fixed cost is a cost which ______.
"Some costs are semi-variable in nature." Comment.
What do you mean by Semi-Fixed cost?
Give an example of Semi-Fixed cost.
Classify cost according to its nature.
Explain with an example, the meaning of fixed costs.
Explain with an example, the meaning of variable costs.
