Advertisements
Advertisements
प्रश्न
What do you mean by Semi-Fixed cost?
Explain the following:
Semi-fixed costs
Explain semi-variable cost with suitable example.
Advertisements
उत्तर
- Semi-fixed costs are those costs which vary but not in direct proportion to changes in the volume of production.
- They are a combination of fixed and variable costs. In other words, semi-fixed costs are partly fixed and partly variable.
- Such costs are neither perfectly fixed nor absolutely variable.
- The fixed component of such costs represents the cost of providing capacity, and the variable component is caused by using the capacity.
- For example, the rent of a telephone is a fixed cost, whereas the charges for calls made during a month are a variable cost.
APPEARS IN
संबंधित प्रश्न
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.
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.
Direct cost increases when ______.
What is opportunity cost?
Distinguish between shut down cost and sunk cost.
Amount spent to purchase a machinery is the example of ______ cost.
Explain with an example, the meaning of variable costs.
Write short notes on Variable Costs.
