Variable Costs: A Simple Guide

variable cost  Variable costing Variable costing is a managerial accounting cost concept Under this method, manufacturing overhead is incurred in the period that a product A variable cost is a type of ongoing expense that fluctuates in value depending on your production output Types of variable costs might include raw materials,

Definition of Variable Cost A variable cost is a constant amount per unit produced or used Therefore, the total amount of the variable cost will change 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 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  A variable cost is any corporate expense that changes along with changes in production volume