What is 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 amount per unit may remain constant or vary. Examples include raw material, per-unit packing and some delivery charges. Rent that remains payable regardless of output is generally fixed, and changing a name or failing to record a cost does not change its nature.
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 amount per unit may remain constant or vary. Examples include raw material, per-unit packing and some delivery charges. Rent that remains payable regardless of output is generally fixed, and changing a name or failing to record a cost does not change its nature.
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.