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Discuss the concept of operating cost.

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Discuss the concept of operating cost.

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Operating cost are the recurring expenses which are incurred by an organization for the operation of its business, or in relation to operation of any device, component or Equipment.
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Operating Cost:
Operating cost are the recurring expenses which are incurred by an organization for the operation of its business, or in relation to operation of any device, component or Equipment. Operating cost is classified as fixed operating cost and variable operating cost.
Fixed operating costs do not change with the number of units produced or manufactured until they reach to a certain level. Example of fixed ...

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Sonia Agarwal, CA
Education
  • Chartered Accountant (Equivalent to CPA in US), Institute of Charted Accountants of India
  • Bachelor of Commerce, West Bengal University
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