Those fixed costs which continue to be incurred even when there is no production are called —

CS Executive · Cost and Management Accounting · PYQS · June 2016
Those fixed costs which continue to be incurred even when there is no production are called —
(A) Period costs
(B) Discretionary costs
(C) Committed costs
(D) Output costs.

Answer & Explanation:

Correct Answer: Option (C)

Official answer key: (C).

Topics: Cost Concepts

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