Variable Costing Managerial Accounting
variable cost Understanding Variable Cost The total expenses incurred by any business consist of Variable and Fixed Costs Variable coss are dependent on production output A variable cost remains the same per unit but changes in total Variable cost examples include sales commissions, hourly workers, and units-of-production method
Variable costs are expenses that change in proportion to the production output or the level of business activity VARIABLE COSTS definition: Variable costs are costs that vary depending on how much of a product is made
Variable costing is an accounting method used in managerial accounting and financial modeling to analyze the profitability of products and Variable cost is a cost that can change over time These costs vary based on the use of the products or services, and they can vary based on any