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______ cost is activity based. It increases with increase in output. - Commercial Studies

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Question

______ cost is activity based. It increases with increase in output.

Options

  • Fixed

  • Variable

  • Semi-variable

  • Direct

MCQ
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Solution

Variable cost is activity based. It increases with increase in output.

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Classification of Costs - On the Basis of Behaviour
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Chapter 8: Fundamental Concepts of Cost - EXERCISES [Page 133]

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Goyal Brothers Prakashan Commercial Studies [English] Class 10 ICSE
Chapter 8 Fundamental Concepts of Cost
EXERCISES | Q 31. | Page 133
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