UrbanPro
true

Take BCom Tuition from the Best Tutors

  • Affordable fees
  • 1-1 or Group class
  • Flexible Timings
  • Verified Tutors

Search in

Cost Classification ( Vatiable & Fixed)

Vaibhavi M.
08/12/2016 0 0

Cost is ideally divided in two types:- 1. Variable Cost ; 2. Fixed Cost.

Variable Cost is constant per unit. And varies proportionately in the same direction as production.

Fixed cost is fixed and remains unchangd given the change in production quantity u to a level.

 

0 Dislike
Follow 0

Please Enter a comment

Submit

Other Lessons for You

A short Concept of Dividend in Accountancy :--
A dividend is a distribution of a portion of a company's earnings, decided by the board of directors, paid to a class of its shareholders. Dividends can be issued as cash payments, as shares of stock,...
K

Consignment Meaning & Features
Meaning & Features Of Consignment Meaning: Consignment means the transaction of sending goods by one person (called CONSIGNOR) to another (called CONSIGNEE) who is to sell those goods on behalf of...

Advance Tax Liability For The A.Y. 2018-19
Advance Tax Liability for the A.Y. 2018-19: The Finance Act 2017 (Act No. 07 of 2017) has not bring any change in Advance Tax provisions. Therefore the Advance Tax provisions related to A.Y. 2017-18...

Goods and Service Tax: A Detailed Explanation With Examples.
Brief Intro: Introduction of Goods and Services Tax (GST) will indeed be an important perfection and the next logical step towards a widespread indirect tax reforms in India. As per, First Discussion Paper...

Check and balance in cash flow
Cash flow statement is not the part of double entry book keeping process which starts from journal entry and sums up in balance sheet. But is drawn on the basis of balance sheets of two years it'sanswer...
X

Looking for BCom Tuition Classes?

The best tutors for BCom Tuition Classes are on UrbanPro

  • Select the best Tutor
  • Book & Attend a Free Demo
  • Pay and start Learning

Take BCom Tuition with the Best Tutors

The best Tutors for BCom Tuition Classes are on UrbanPro

This website uses cookies

We use cookies to improve user experience. Choose what cookies you allow us to use. You can read more about our Cookie Policy in our Privacy Policy

Accept All
Decline All

UrbanPro.com is India's largest network of most trusted tutors and institutes. Over 55 lakh students rely on UrbanPro.com, to fulfill their learning requirements across 1,000+ categories. Using UrbanPro.com, parents, and students can compare multiple Tutors and Institutes and choose the one that best suits their requirements. More than 7.5 lakh verified Tutors and Institutes are helping millions of students every day and growing their tutoring business on UrbanPro.com. Whether you are looking for a tutor to learn mathematics, a German language trainer to brush up your German language skills or an institute to upgrade your IT skills, we have got the best selection of Tutors and Training Institutes for you. Read more