Variable Cost - Definition - The Economic Times

Variable Cost - Definition - The Economic Times variable cost Variable costs are costs that change as the quantity of the good or service that a business produces changes Variable costs are the sum of marginal costs lacoste กระเป๋า A variable cost is any corporate expense that changes along with changes in production volume

lacoste กระเป๋า The price of a commodity such as natural gas or oil is variable because it changes almost daily The longer the time horizon, the more time a firm has to adjust

variable cost Using a variable cost per unit calculator involves dividing the total variable costs by the total units produced This calculation helps Examples of variable costs include raw materials, direct labor, and utilities directly associated with production Variable costs increase or