Fixed cost is a cost ........

Costing - Phase (I & II) Lean System and Innovation

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Fixed cost is a cost:

Which changes in total in proportion to changes in output

which is partly fixed and partly variable in relation to output

Which do not change in total during a given period despise changes in output

which remains same for each unit of output

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Explanation:

A fixed cost is a cost that does not change with an increase or decrease in the amount of goods or services produced or sold. Fixed costs are expenses that have to be paid by a company, independent of any specific business activities. In general, companies can have two types of costs, fixed costs or variable costs, which together result in their total costs. Shutdown points tend to be applied to reduce fixed costs.