Which of the following is covered under operating cost of tractor?
ATaxesCorrect AnswerIncorrect Answer
BMaintenance and wear-tear costCorrect AnswerIncorrect Answer
CDepreciation costCorrect AnswerIncorrect Answer
DGSTCorrect AnswerIncorrect Answer
EInterest on loanCorrect AnswerIncorrect 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.
