Cost considered as fixed costs in manufacturing industry is Raw material cost Labour cost Insurance cost Transportation cost
Question
Solution 1
Fixed costs in the manufacturing industry are costs that do not change with the level of output. They are incurred even if the production is zero. Here are the costs you mentioned classified:
- Raw Material Cost: This is a variable cost. It changes with the level of output. The more you produce, t Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solv
Similar Questions
Cost considered as fixed costs in manufacturing industry is Raw material cost Labour cost Insurance cost Transportation cost
The machine support and other manufacturing costs, except raw materials and direct labor, incurred as part of a product's costs is known as .
____ are also known as direct costs A. average variable costs B. average fixed costs C. variable costs D. total fixed costsReset Selection
As a firm begins to operate outside the relevant range, the accuracy of cost estimates for fixed and variable costs:
____ are also known as direct costs A. average variable costs B. average fixed costs C. variable costs D. total fixed costs