Question

................. cost are partly fixed and partly variable in relation to output. (a) Variable (b) fixed (c) semi- veriable (d) marginal ​

Answer 1

Answer:

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Explanation:

The SEMI VARIABLE cost are partly fixed and partly variable.

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Answer 2

Answer:

• Semi variable cost is the cost which is partly fixed and partly variable.
• We may have an example of salary of production manager where a fixed monthly salary is paid along with an incentive per unit on the production over achieved against the target.

option (c)