Total Cost = Fixed Cost + Variable Cost

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Cost of production are classified into three items; fixed, variable and overhead...
Posted by:
Mohamed Billow
14-November-2014

Cost Cost Accounting

Question added by abdul rojak rojak , Accountant & Cost Accountant , AL - BADR EX SHERATON CARLTON
Date Posted: 2014/04/01

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2 Answers

Abhinav Agarwal

by Abhinav Agarwal , Operational & Financial Internal Auditor , Al futtaim Pvt. LLC

Theoretically it is right but practically it is not always right.

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by Deleted user

Absolutely right

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