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

Variable Cost: Definition, Types, Formulas, Calculations & Example variable cost 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 cost Variable costs are costs that change depending on the level of production a business has These changes could be due to the need for more raw material, less

variable cost Variable costs are expenses that go up and down in line with business activity The busier you are, the higher they go They're the opposite of fixed costs

fixed cost 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  Variable costs are the expenses a business incurs that change with the amount of goods produced or services provided More specifically, when production or