The total cost incurred in the operation of a business undertaking other than the cost of manufacturing and production is known as________?? Accounting Mcqs March 27, 2019 BILAL KHATTAK0 A. Direct cost B. Variable cost C. Commercial cost D. Conversion cost Related Mcqs: An average cost is also known as________?? In break even analysis the total cost consists of At break-even point, total cost is equal _________is the cost of converting raw material into finished products?? The other name of overhed cost is: The advertisement cost is included Total sales less cost of manufacturing gives One of the most important tools in cost planning is__________?? Average fixed cost Average fixed cost is equal to: