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BCom Tuition > > Cost Classification ( Vatiable & Fixed)
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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.

 

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