Advertisements
Advertisements
प्रश्न
"The cost of sugarcane is an avoidable cost." Justify for or against.
संक्षेप में उत्तर
उत्तर
- If sugarcane is a direct input for sugar production, the cost is directly proportional to the output.
- When production ceases, the cost of sugarcane can be avoided.
- Avoidable costs are those that can be avoided by refraining from carrying out a specific activity or choice.
- Purchasing sugarcane is unnecessary when shutting down sugar production; hence, the cost can be avoided.
- This makes sugarcane costs preventable because they may be managed by deciding whether or not to manufacture sugar.
shaalaa.com
Controllable and Uncontrollable Costs
क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
APPEARS IN
संबंधित प्रश्न
Abnormal costs are not recorded as part of production cost. Justify for or against.
Distinguish betwen implicit costs and explicit costs.
Differentiate between expired and unexpired costs.
Write short notes on opportunity costs.
Explain the following with an example:
opportunity cost.
Distinguish between private costs and social costs.
Explain the following:
Out of pocket cost.
Explain the following:
Differential cost
Explain the following:
Notional or imputed cost.
Explain the following:
Replacement cost