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प्रश्न
What do you mean by Semi-Fixed cost?
Explain the following:
Semi-fixed costs
Explain semi-variable cost with suitable example.
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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.
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संबंधित प्रश्न
The cost remains same at all levels of output is called ______ cost.
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?
Wages paid to a labour who was engaged in the production activities can be termed as ______.
Which of the following best describes a fixed cost?
Distinguish between direct costs and indirect costs.
Variable cost per unit increases when ______.
A cost that is easily traceable to a cost object is known as ______.
"Some costs are semi-variable in nature." Comment.
Give an example of Semi-Fixed cost.
