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प्रश्न
What is meant by variable cost?
लघु उत्तर
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उत्तर
- Variable costs are those costs that vary in amount with changes in the level of output or activity.
- Such costs increase and decrease in the same proportion in which the level of output increases or decreases.
- Variable costs vary in total amount but remain constant per unit of production.
- Variable costs are controllable in the short run.
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Classification of Costs
या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
संबंधित प्रश्न
Distinguish between Fixed cost and Variable cost.
Indirect material scrap is adjusted along with ______.
Variable cost is a cost that ______.
Which of the following best describes a fixed cost?
Distinguish between direct costs and indirect costs.
Distinguish between shut down cost and sunk cost.
The term “variable costs” refers to ______.
"Some costs are semi-variable in nature." Comment.
Explain with an example the meaning of fixed costs.
Explain with an example the meaning of variable costs.
