The total variable cost …………………… in total proportion to output.

Related MCQs

• Fixed cost …………………… in the same proportion in which output changes.
• ABC ltd. uses the following flexible budget formula to annual maintenance cost: Total cost = Rs. 6720 + Rs. 0.64 for machine hour The current month's budget is based on 20,000 hours of planned machine time. The maintenance cost included in this flexible budget for the current month is
• Variable cost increases with ………….in output.
• Fixed cost per unit …………………… with rise in output and …………… with fall in output.
• A statement prepared to provide detailed cost of a cost centre or cost unit is
• Batch costing is a form of specific order/job costing where the cost per unit is ascertained by _________ the total cost of a batch by the number of items produced in that batch.
• ……………costs are partly fixed and partly variable in relation to output.
• Variable costs change ……………………with change in output.
• These types of costs are partly fixed & partly variable is relation to output:-
• Variable Cost per Unit