Which of the following is not a semi variable item ........

Costing - Phase (I & II) Overview of Cost and Management Accounting

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Which of the following is not a semi-variable item?

Telephone

Repairs and maintenance

Depreciation of plant and machinery

Insurance of plant and building

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Explanation:

Semi-variable costs are those cost which contains both fixed and variable costs elements. Semi variable cost changes in response to change in volume of output but the extent of change is not directly proportionately to change in production. For example, are telephone, repairs and maintenance, Depreciation of plant and machinery.