Cost which remains same in total aggregate irrespective of change in units of production or product...........

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

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_______ Cost which remains same in total/aggregate irrespective of change in units of production or productive hours.

Fixed cost

Variable cost

Semi variable cost

None of the above

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Explanation:

Fixed costs means costs, the total amount of which remains fixed for a given time period. Fixed costs do not increase or decrease in total amount when the volume of output changes but fixed cost per unit increases when volume of production decreases and decreases when the volume of production increases like rent, property tax etc.