What is the correct meaning of variable cost?
Answer and explanation
Correct answer: जो उत्पादन या बिक्री के साथ बदलती है
A variable cost changes in total as the level of production or sales changes, although the cost per unit may be fairly stable over a relevant range. Raw materials, sales-linked packaging, and some delivery expenses are common examples. A cost is not variable because it comes from a bank or because it is unrecorded. Therefore, option A gives the correct definition.
Frequently asked questions
What is the correct answer to this question?
जो उत्पादन या बिक्री के साथ बदलती है
Why is this the correct answer?
A variable cost changes in total as the level of production or sales changes, although the cost per unit may be fairly stable over a relevant range. Raw materials, sales-linked packaging, and some delivery expenses are common examples. A cost is not variable because it comes from a bank or because it is unrecorded. Therefore, option A gives the correct definition.
Which subject and chapter does this question cover?
This is a Class 11 Business Studies question. Chapter: Sources of Business Finance. Topic: Concept, nature and importance of business finance.