Variable Cost - Introduction, Examples, Formula, Solved
variable cost Variable costs are expenses that vary in proportion to the volume of goods or services that a Average variable cost formula is used for calculating the average variable cost and deciding whether production should continue or not Read more here
Variable costs are the costs a company incurs proportionately to production quantity or revenue, including any costs that fluctuate How to Calculate Variable Costs in Excel · Identifying the variable cost per unit, separating them from fixed costs · Inputting the number of
Variable costs are expenses that vary in proportion to the volume of goods or services that a business produces In other words, they are costs that vary Examples of variable costs include raw materials, direct labour, and utilities On the other hand, fixed costs remain constant regardless of production or sales