Variable Costs
variable cost The variable cost is the portion of total cost that varies with output Total cost is composed of both fixed and variable costs Variable costs increase or Fixed costs are expenses that remain the same regardless of the level of production, while variable costs change based on the production output Rent,
Other articles where variable cost is discussed: accounting: Cost finding: …variable costing represents the average variable cost of making the product Examples of variable costs include raw materials, direct labour, and utilities On the other hand, fixed costs remain constant regardless of production or sales
Variable costs are expenses that vary in proportion to the volume of goods or services that a A variable cost is any corporate expense that changes along with changes in production volume As production increases, these costs rise and as