The aggregate amount of all the items of expenses paid or payable for the particular product or service is called as | Faculties

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📊 Cost and Works Accounting 1

Q. The aggregate amount of all the items of expenses paid or payable for the particular product or service is called as

(A) Direct cost
(B) Committed cost
(C) Total Cost
(D) Marginal cost

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✅ Correct Answer: (C) Total Cost

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