Question: 11_ Under the reducing balance method, the depreciation is calculated on which one of the following value of the asset? a. Accumulated depreciation of the

11_ Under the reducing balance method, the depreciation is calculated on which one of the following value of the asset?

Accumulated depreciation of the asset

Book value of the asset

Original cost of the asset

None of the options

12_ Wipro company is manufacturing computers in Oman and exported to various Asian countries. The company paying rent for its factory building RO 1000 per month. The factory building rent comes under which one of the following classifications of cost?

Semi variable cost

Variable cost

None of the options

Fixed cost

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