What is Fixed Cost?


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A fixed cost is that cost which remains unaffected by fluctuations in the levels of output.
Fixed cost is that portion of the total cost which remains constant irrespective of output.
Eg:
(i) Rent of Warehouse,
(ii) Salary of Permanent Employees,
(iii) Depreciation of Assets, etc.

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MT UVA- University, Vocational and Affiliated Education for BMS

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MT UVA- University, Vocational and Affiliated Education for BMS

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