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प्रश्न
Variable cost is a cost that ______.
पर्याय
Changes with the level of output.
Remains same at all levels of output.
Either changes with the level of output or remains same at all levels of output.
None of these.
उत्तर
Variable cost is a cost that changes with the level of output.
Explanation:
Variable expenses are directly related to the degree of production or output. Variable costs rise with increased production and fall with decreased production. Variable costs include raw supplies, direct labour costs, and production-related utility charges.
संबंधित प्रश्न
Distinguish between Fixed cost and Variable cost.
A firm has to pay a fixed rent of ₹ 500 for the postpaid mobile bill and further pay extra charges for the calls made in a month. Identify the type of cost mentioned here.
Indirect material scrap is adjusted along with ______.
Overheads are often related to accounting concepts such as fixed cost and ______ cost.
Which cost decreases with increase in the volume of output?
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.
Wages paid to a labour who was engaged in the production activities can be termed as ______.
Which of the following best describes a fixed cost?
Distinguish between direct costs and indirect costs.
Give an example of opportunity 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 ______.
Give an example of Semi-Fixed cost.
Explain with an example, the meaning of variable costs.
