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प्रश्न
Which cost decreases with increase in the volume of output?
विकल्प
Variable cost
Fixed cost
Revenue cost
Smart cost
उत्तर
Fixed cost
Explanation:
Fixed costs are fixed in total but vary per unit. They decrease with an increase in the volume of output.
संबंधित प्रश्न
Indirect material scrap is adjusted along with ______.
Overheads are often related to accounting concepts such as fixed cost and ______ cost.
Total variable cost per unit increases ______.
Which of the following cost is time based?
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.
Which definition best describes indirect costs?
What is meant by sunk cost?
Distinguish between shut down cost and sunk cost.
Distinguish between Direct Labour cost and Indirect Labour cost.
Give an example of opportunity cost.
The term "variable costs" refers to ______.
Fixed cost per unit decreases when ______.
Variable cost per unit increases when ______.
A cost that is easily traceable to a cost object is known as ______.
Give an example of Semi-Fixed cost.
Classify cost according to its nature.