What is a Variable Cost: Definition

Fixed and variable costs impact the business in different ways but both are important in making the business profitable In the discussion of costs, it will be

Variable costs associated with the production of goods or services include the cost of raw materials, labour costs, staff welfare costs, and

กระเป๋า lacoste Variable costs are costs which change with output As output increases the firm needs to use more raw materials and employ more workers

variable cost A business's variable costs decrease and increase with its production volume When production volume goes up, then the variable costs will increase On the