Cost Accounting Question:
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What are fixed costs?
Answer:
The costs that are fixed irrespective of production are fixed costs. EX: Rent, Depreciation
Fix cost is those cost who not change in any time whether the production done or not it similar charge in every organization ex- salary of labor, supervisor factory rent insurance etc.
Fix cost is those cost who not change in any time whether the production done or not it similar charge in every organization ex- salary of labor, supervisor factory rent insurance etc.
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