variable cost
Fixed and Variable Costs
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
A variable cost varies in relation to production volume or the services provided If no production or services are provided, then there are Fixed costs are expenses that remain the same regardless of the level of production, while variable costs change based on the production output Rent,
one club 168 How to Calculate Fixed and Variable Costs: Examples and Explanations · AFC = $50,000 100 widgets · AFC = $500 per widget · $200$100-$50 = 20050 = 4 Variable costs are those that are affected by manufacturing output or sales The variable cost of production is a fixed sum per unit manufactured These costs
