English

Observe the image and state the type of cost.

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Question

Observe the image and state the type of cost.

Options

  • Direct Cost

  • Indirect Cost

  • Semi-variable Cost

  • Fixed Cost

MCQ
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Solution

Fixed Cost

Explanation:

The gate security represents a regular salary/overhead that does not vary with production volume. Such time‑based, constant-in-total expenses are classified as fixed costs.

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Chapter 8: Fundamental Concepts of Cost - EXERCISES [Page 152]

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Goyal Brothers Prakashan Commercial Studies [English] Class 10 ICSE
Chapter 8 Fundamental Concepts of Cost
EXERCISES | Q 41. | Page 152
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