Q.

Fixed cost is known as -

A. Special cost
B. Direct cost
C. Prime cost
D. Overhead cost
Answer» D. Overhead cost
Explanation: Fixed costs are business expenses that are not dependent on the level of goods or services produced by the business. They tend to be time-related, such as salaries or rents being paid per month, and are often referred to as overhead costs. This is in contrast to variable costs, which are volume-related (and are paid per quantity produced).
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