Cost accounting
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
18 August 2013
Can anyone help me in determining how fixed,variable and semi-variable costs to be put in cost sheet format and also how to calculate the same .
18 August 2013
Fixed cost: it will be remain in Amount in Rupees irrespective of the number of unit production
Variable cost : it will be remain constant on the each unit of production and increase every unit of production
Semi variable cost: variable at some level of production and after that amount will be constant
Please refer Cost Accounting standards for details
Variable cost : it will be remain constant on the each unit of production and increase every unit of production
Semi variable cost: variable at some level of production and after that amount will be constant
Please refer Cost Accounting standards for details
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