The cost that tends to remain constant irrespective of the level of activity is called _______.

Related MCQs

• Which of the following are the assumptions of marginal costing? 1) All the elements of cost can be divided into fixed and variable components. 2) Total fixed cost remains constant at all levels of output. 3) Total variable costs vary in proportion to the volume of output. 4) Per unit selling price remain unchanged at all levels of operating activity.
• When selling price is Rs.200 Per unit, Variable Cost Rs.150 per unit and Fixed Cost is Rs.50000 at which capacity level the cost per unit would be minimum.
• A budget which is prepared in a manner so as to give the budgeted cost for any level of activity is known as -
• In profit center revenue represents a monetary measure of output emanating from a profit center in a given period irrespective whether
• What are the objectives of Cost accounting?I)Cost Ascertainment II)Cost Control
• Which of the following statements are true? (a) Marginal costing is not an independent system of costing. (b) In marginal costing all elements of cost are divided into fixed and variable components. (c) In marginal costing fixed costs are treated as product cost. (d) Marginal costing is not a technique of cost analysis.
• Which statement is true.I)Fixed budget assumes Changing business conditions. II)Flexible budget is prepared for only one level of activity.
• Which statement is true.I)Fixed budget assumes Changing business conditions. II)Flexible budget is prepared for only one level of activity.
• Fixed budget is useless for comparison when the level of activity -
• Which of the following is a budget designed to furnish budgeted costs for any level of activity attained