Variable cost increases with ………….in output.

Related MCQs

• The cost per unit that increases or decreases when the volume of output decreases or increases is known as
• The total variable cost …………………… in total proportion to output.
• Fixed cost per unit …………………… with rise in output and …………… with fall in output.
• 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
• A statement prepared to provide detailed cost of a cost centre or cost unit is
• ……………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
• Which of the following is not an example of variable cost