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what do you mean by semi-variable cost?
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Answer / venkataiah
partially varaible and partially fixed.example elect bills
and tlephone bills.
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A variable cost is any expenditure that varies in direct
proportion to a change in the level of productive activity.
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Answer / raghunadh
it is the cost mix of variable cost and fixed cost
| Is This Answer Correct ? | 2 Yes | 2 No |
Answer / bantu singh
Semi verifiable cost is fixed at the certain level than
increases after that level achieved for eg. telephone bill
there is certain charges like monthly rent of Rs 300/- and
in which 1000 minutes are free beyond that 1000 calls some
charges will be there
then 300/- will be fixed for up to 1000 calls and after that
it becomes variable.
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