Does not need explanation.. Only abcd format

In operating Costing License Fees is a

Select one:

O a Fixed Cost

b. Capital cost

c. Variable Cost

D. Semi- variable Cost

Those cost that have both fixed and variable element are called______

Select one:

a. Variable cost

b. Total fixed cost

c Semi variable cost

d. Prime cost

Pilots Salaries in case of Air Transport is a

Select one:

a. Fixed Cost

Ob. Variable Cost

C. Semi- variable Cost

d. Capital cost

An increase in variable costs?

Select one:

a. Increases P/V ratio

b. Reduces the contribution margin

c. Increase new profit

d. Increases Fixed Cost