The cost that remains unchanged in spite of change in volume of production is known as………….

Related MCQs

• Classification of cost into factory cost, administrative cost, selling & distribution cost and research and development cost is done on the basis of…………...
• ………………….. Cost per unit does not change with change in activity level
• …………..cost represents the increase or decrease in total cost which occurs with change in output.
• The term…………………. is comprehensively used to include various aspects such as costing, cost accounting, cost control, cost audit and budgetary control.
• Every……………of cost is divided into direct cost and indirect cost.
• ………………cost is predetermined cost for each element of cost.
• The overhead cost incurred from the stage of procurement of raw material till the stage of production of finished goods is known as…… .
• ………………is a statement showing cost of production of a particular product.
• Cost of production is also called ………………..if there is no selling and distribution expense
• The expenses which can be directly charged to jobs, products, processes, cost centers or cost units is termed as