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Management · Q195

Management Accounting

Graduate and Post Graduate · Management · question 195

Q195

An energy, machine maintenance, indirect materials and engineering support are considered as

A.
variable overhead cost
Answer
B.
fixed overhead cost
C.
fixed batch cost
D.
variable batch cost

Answer: Option A

Solution

Answer: Option A
Solution:
An energy, machine maintenance, indirect materials and engineering support are considered as variable overhead cost. Variable overhead costs tend to be higher when a business is engaged in a greater number of transactions, a higher level of production, or other situations in which more business events take place. The opposite of fixed overhead costs such as payroll and insurance, which generally remain static.