An example of fixed cost is

Related MCQs

• ABC Ltd. has furnished the following information for 4,000 units of product for the year 2014-2015 : Particulars Rs. Direct materials 2,50,000 Direct labour 2,00,000 Manufacturing overheads 2,80,000 (40 % fixed) Selling and administrative overheads 2,70,000 (30 % fixed) The total cost of 4,380 unit is
• 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
• The primary difference between a fixed budget and a variable(flexible) budget is that a fixed budget:
• Which of the following would not be considered a fixed cost
• The classification of fixed and variable cost has a specific significance in the preparation of
• If the activity level is reduced from 80 % to 70%, the fixed cost
• Fixed cost …………………… in the same proportion in which output changes.
• Fixed cost per unit …………………… with rise in output and …………… with fall in output.
• Fixed cost per unit …………………….with increase in output.