What is a variable cost? Variable cost is a business expense which is subject to change when sales volumes change. This could mean that variable costs either increase or decrease depending on a ...
When manufacturing products, a business should budget the time and necessary manpower to produce the products. This allows the company to estimate the total costs associated with the production of the ...
Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Suzanne is a content marketer, writer, and ...
What is a variable cost? Variable cost is a business expense which is subject to change when sales volumes change. This could mean that variable costs either increase or decrease depending on a ...
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