Advertisements
Advertisements
Question
Costs like rent, insurance etc. which do not change inspite of changes in the volume of output are ______ costs.
Options
Direct
Indirect
Fixed
Variable
Solution
Costs like rent, insurance etc. which do not change inspite of changes in the volume of output are fixed costs.
APPEARS IN
RELATED QUESTIONS
Give one example of Variable cost.
The cost which changes as per the levels of production is ______.
The cost which does not vary proportionately but do not remain constant with changes in the volume of output are known as ______ cost.
Telephone cost is an example of ______ cost.
______ cost is activity based. It increases with increase in output.
What is semi-variable cost?
Give one example of semi-variable cost.
Distinguish between variable cost and semi-variable cost.
What are fixed costs?
What is Variable cost?
