Total cost in the short run is classified into fixed costs and variable costs. Which one of the following is a variable cost?
  • a)
    Cost of raw materials.
  • b)
    Cost of equipment.
  • c)
    Interest payment on past borrowings.
  • d)
    Payment of rent on building.
Correct answer is option 'A'. Can you explain this answer?

Related Test

Can you answer this doubt?

People are searching for an answer to this question.
This discussion on Total cost in the short run is classified into fixed costs and variable costs. Which one of the following is a variable cost?a)Cost of raw materials.b)Cost of equipment.c)Interest payment on past borrowings.d)Payment of rent on building.Correct answer is option 'A'. Can you explain this answer? is done on EduRev Study Group by CA Foundation Students. The Questions and Answers of Total cost in the short run is classified into fixed costs and variable costs. Which one of the following is a variable cost?a)Cost of raw materials.b)Cost of equipment.c)Interest payment on past borrowings.d)Payment of rent on building.Correct answer is option 'A'. Can you explain this answer? are solved by group of students and teacher of CA Foundation, which is also the largest student community of CA Foundation. If the answer is not available please wait for a while and a community member will probably answer this soon. You can study other questions, MCQs, videos and tests for CA Foundation on EduRev and even discuss your questions like Total cost in the short run is classified into fixed costs and variable costs. Which one of the following is a variable cost?a)Cost of raw materials.b)Cost of equipment.c)Interest payment on past borrowings.d)Payment of rent on building.Correct answer is option 'A'. Can you explain this answer? over here on EduRev! Apart from being the largest CA Foundation community, EduRev has the largest solved Question bank for CA Foundation.
This discussion on Total cost in the short run is classified into fixed costs and variable costs. Which one of the following is a variable cost?a)Cost of raw materials.b)Cost of equipment.c)Interest payment on past borrowings.d)Payment of rent on building.Correct answer is option 'A'. Can you explain this answer? is done on EduRev Study Group by CA Foundation Students. The Questions and Answers of Total cost in the short run is classified into fixed costs and variable costs. Which one of the following is a variable cost?a)Cost of raw materials.b)Cost of equipment.c)Interest payment on past borrowings.d)Payment of rent on building.Correct answer is option 'A'. Can you explain this answer? are solved by group of students and teacher of CA Foundation, which is also the largest student community of CA Foundation. If the answer is not available please wait for a while and a community member will probably answer this soon. You can study other questions, MCQs, videos and tests for CA Foundation on EduRev and even discuss your questions like Total cost in the short run is classified into fixed costs and variable costs. Which one of the following is a variable cost?a)Cost of raw materials.b)Cost of equipment.c)Interest payment on past borrowings.d)Payment of rent on building.Correct answer is option 'A'. Can you explain this answer? over here on EduRev! Apart from being the largest CA Foundation community, EduRev has the largest solved Question bank for CA Foundation.