Variable Cost: Definition, Types, Formulas, Calculations & Example

Variable Cost: Definition, Types, Formulas, Calculations & Example variable cost Variable costs are incurred when production output or sales volume increases Fixed costs are also known as overhead costs, period costs, or lacoste กระเป๋า Understanding Variable Cost The total expenses incurred by any business consist of Variable and Fixed Costs Variable coss are dependent on production output

lacoste กระเป๋า Variable costs are expenses that change in proportion to the production output or the level of business activity

variable cost Examples of variable costs include raw materials, direct labor, and utilities directly associated with production Variable costs increase or Cost is the monetary value of goods and services purchased by producers and consumers For example, a consumer typically equates cost with the price of a