Advertisements
Advertisements
Question
Overheads are often related to accounting concepts such as fixed cost and ______ cost.
Options
Direct
Indirect
Primary
Money
Advertisements
Solution
Overheads are often related to accounting concepts such as fixed cost and direct cost.
RELATED QUESTIONS
Write a short note on direct costs.
Describe cost on the basis of behaviour.
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.
Wages paid to a labour who was engaged in the production activities can be termed as ______.
Direct cost increases when ______.
What is opportunity cost?
Explain the following:
Sunk cost
Distinguish between controllable and uncontrollable costs.
Distinguish between direct costs and indirect costs.
Distinguish between shut down cost and sunk cost.
Fixed cost is a cost which ______.
Fixed cost per unit decreases when ______.
Amount spent to purchase a machinery is the example of ______ cost.
Variable cost per unit increases when ______.
"Some costs are semi-variable in nature." Comment.
Give an example of Semi-Fixed cost.
Explain with an example, the meaning of fixed costs.
