New Register here for RBI, SEBI & NABARD strategy workshop! April 9 at 7 PM

    Question

    Which of the following is covered under operating cost

    of tractor?
    A Taxes Correct Answer Incorrect Answer
    B Maintenance and wear-tear cost Correct Answer Incorrect Answer
    C Depreciation cost Correct Answer Incorrect Answer
    D GST Correct Answer Incorrect Answer
    E Interest on loan Correct Answer Incorrect Answer

    Solution

    These costs are incurred only when the machine is used. Variable costs include repair and maintenance, fuel and lubricants, servicing and labour charges.

    Practice Next

    Relevant for Exams: