Question: 4: (A) Differentiate between variable costs and fixed costs with the help of a suitable example. (B) Differentiate between direct costs and indirect costs with
4: (A) Differentiate between variable costs and fixed costs with the help of a suitable example. (B) Differentiate between direct costs and indirect costs with the help of a suitable example. (C) Give an example of a variable indirect cost. (D) Give an example of a fixed direct cost. (1.5+1.5+1+1=5 marks)
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