Cost which consists of some fixed and some variable cost with respect
January 12th, 2018
Cost which consists of some fixed and some variable cost with respect to machine setup hours is classified assetup costbatch costfacility costlump sum cost Lower plant leasing, lower administrative costs and lower depreciation on equipment and plant are all factors forfavorable price varianceunfavorable price variancefavorable spending varianceunfavorable spending variance