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प्रश्न
"Some costs are semi-variable in nature." Comment.
Some costs are semi-variable in nature. Justify either for or against.
संक्षेप में उत्तर
उत्तर
- Definition: Semi-variable costs, often called mixed costs, include both fixed and variable components.
- Fixed Component: Part of the cost is constant, independent of production or activity.
- Variable Component: Part of the cost fluctuates according to output volume or activity level.
- Example: Utility bills frequently include a fixed base price and a variable charge based on usage.
- Behaviour: Semi-variable expenses fluctuate in total but not proportionally to changes in output or activity levels.
- Management: Understanding semi-variable costs is critical for budgeting, forecasting, and decision-making.
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Classification of Costs
क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
संबंधित प्रश्न
Distinguish between Fixed cost and Variable cost.
Indirect material scrap is adjusted along with ______.
Which cost decreases with increase in the volume of output?
Which of the following cost is time based?
Wages paid to a labour who was engaged in the production activities can be termed as ______.
Distinguish between direct costs and indirect costs.
Distinguish between Direct Labour cost and Indirect Labour cost.
Give an example of opportunity cost.
A cost that is easily traceable to a cost object is known as ______.
Give an example of Semi-Fixed cost.
