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Variable cost.
Why repairs for the whole life of machinery is a variable cost? 🙄🙄
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Repairs for machinery is particularly semi variable cost.
Since repairs are not constant i.e it may vary from time to time and also it effects the level of production and hence the same is treated as variable cost.
Since repairs are not constant i.e it may vary from time to time and also it effects the level of production and hence the same is treated as variable cost.
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