variable cost are fixed:
1) for a period
2) per unit
3) depend upon the entity
4) for a particular process of production
Answer Posted / h.r. sreepada bhagi
2. Variable cost is fixed per unit. (As a general perception
& rule)
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
Contrast bookkeeping and accounting
My question is on Opening & Closing Stock Suppose Closing stock of 2014-15 is Rs 30 lakhs & Also we filed return & ROC too for 2014-15. Opening stock for 2015-16 should be Rs 30 lakhs but we found that some purchase for feb & March 2015 Stock has been entered in tally Its taken directly to purchase split of stock not made & in sales to same of 2 lakhs no split of stock is shown. Those stock need to make changes in 2015-16 what was the process ? And what will be adjustment entry ?
what is contribution? how does it help in taking managerial decisions?
What are the three factors that can affect your cash flow and business profitability?
How do you maintain accounting accuracy?
want to know the questions and answers frequently asking in banks at the time of interview for any cadre
what is a corporate chart of accounts and its purpose?
what is journal entries for Vehicle loan settled with bank after Sale of the vehicle on profit or loss in case the party paid check direct to Bank .......???
HI I AM WORKING IN A INTERIOR DESIGNING COMPANY.WE ACTUALLY GET PROJECTS FROM CLIENTS & WE SUBCONTRACT THE WORK WE USUALLY SUBCONTRACTS THE SUPPLY OF LABOUR & SUPPLY OF MATEIALS TO SUBCONTRACTORS.WE DONT HAVE LABOURS OF OUR OWN & ALSO PRODUCTION OF MATERIALS.HOW CAN I TREAT THIS IN TALLY IS THERE ANY OPTION AVAILABLE IN TALLY FOR SUBCONTRACTING OR SHALL I ENTER THE NAME OF SUBCONTRACTORS AS SUNDRY CREDITORS AS WE DO USUALLY IN TALLY.PLEASE DO LET ME KNOW ABOUT THIS 0554125475 IS MY NUMBER
is we can prepare any account for partnership in tally
what do you mean byrecoupment of shortworkings in royalty accounts
What are the features of financial accounting?
Explain how you can adjust entries into account?
please advice example of any single journal entry which include all 3 accounts i.e personal, real & Nominal a/c.
Accounting transactions are recorded in accordance with thier legal form or substance. Briefly explain the legal form and substance of the accounting transactions and give one relevant example.