UrbanPro
true
default_background

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

Allowances [Section 17(3)]: For Computing ‘Salary’ Income
Meaning and Tax Treatment of Allowances for Computing Salary Income Fully Exempted Allowances Fully Taxable Allowances Partially Taxable Allowances ( House Rent Allowance...
R

Ramasamy Ulaganathan

0 0
0

Cash Flow Statement
Purpose of a statement of cash flows: To provide information about the cash inflows and outflows of an entity during a period. To summarize the operating, investing, and financing activities of the...

Adam Smith's Economic theory
The classical principle of unfastened marketplace economics, to paintings right, has greater necessities than maximum fans realize of or intentionally pick out to ignore. Several years earlier than he...

The Concept of Elasticity
Elasticity is a measure of the responsiveness of quantity to changes in price or some other variable. The most commonly used elasticity concept is price elasticity of demand. The price elasticity of...

Escalation Clause in contract costing.
Meaning: In Fixed Price Contracts, the contract price is fixed and pre-determined. If there is an increase in prices of materials, rates of labour etc. during the period of execution of a contract,...
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