………………..cost remains constant per unit of output irrespective of the level of output and thus fluctuates directly in proportion to changes in the volume of output

Related MCQs

• A cost which changes in proportion to changes in volume of activity is called
• ………….cost represents the amount of any given volume of output by which aggregate costs are changed if the volume of output is increased by one unit.
• Marginal cost is the ……….cost of producing an additional unit of output
• Marginal cost and differential cost are the same when ……..costs do not change with change in output
• ………..is the process of accounting for cost which includes the application of cost control methods and ascertainment of profitability of activities
• Marginal cost is the aggregate of prime cost and ……………….
• A 'direct' cost is a cost that is classified by:
• A 'product' cost is a cost that is classified by:
• The flow of funds occurs when a transaction changes on the one hand a non current account and on the other hand a …………..
• …………statement shows changes in financial position and hence dynamic in nature