Advertisements
Advertisements
Question
Fixed cost is a cost which remains same at ______.
Options
All levels of output
Even zero level of output
Both all levels of output and even zero level of output
Neither all levels of output nor even zero level of output.
Advertisements
Solution
Fixed cost is a cost which remains same at Both all levels of output and even zero level of output.
Explanation:.
Fixed costs remain constant within a given range of activity and a given time period in spite of changes in output volume.
RELATED QUESTIONS
Write a short note on direct costs.
Distinguish between Fixed cost and Variable cost.
Overheads are often related to accounting concepts such as fixed cost and ______ cost.
Variable cost is a cost that ______.
The cost remains same at all levels of output is called ______ cost.
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?
Direct cost increases when ______.
What is opportunity cost?
Distinguish between controllable and uncontrollable costs.
Give an example of opportunity cost.
Fixed cost is a cost which ______.
"Some costs are semi-variable in nature." Comment.
What is meant by variable cost?
Give an example of Semi-Fixed cost.
Explain with an example the meaning of fixed costs.
Write short notes on Variable Costs.
