Variable Cost: Meaning, Formula, Types and Importance

Variable Cost: Meaning, Formula, Types and Importance variable cost Variable cost is a business expense which is subject to change when sales volumes change This could mean that variable costs either increase or decrease fixed cost A variable cost is any corporate expense that changes along with changes in production volume As production increases, these costs rise and as

fixed cost Definition Variable costs are expenses that change in proportion to the activity of a business, and can be aggregated into a total or expressed on a

กระเป๋า lacoste Variable costs are the costs incurred by a company that depends on revenue generated or production quantity If a company has high variable costs, Variable costs are incurred when production output or sales volume increases Fixed costs are also known as overhead costs, period costs, or