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प्रश्न
Which cost decreases with increase in the volume of output?
पर्याय
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
Describe cost on the basis of behaviour.
Indirect material scrap is adjusted along with ______.
Overheads are often related to accounting concepts such as fixed cost and ______ cost.
Variable cost is a cost that ______.
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.
Direct cost increases when ______.
What is meant by sunk cost?
Distinguish between shut down cost and sunk cost.
Give an example of opportunity cost.
The term "variable costs" refers to ______.
Fixed cost per unit decreases when ______.
Amount spent to purchase a machinery is the example of ______ cost.
Variable cost per unit increases when ______.
A cost that is easily traceable to a cost object is known as ______.
What do you mean by Semi-Fixed cost?
Give an example of Semi-Fixed cost.
Classify cost according to its nature.
