Variable Cost

A cost that varies depending on the level of sales or on the volumes of the operations.

Common variable costs include raw materials, fuel and commission payments. This as against fixed costs, which stay the same even if sales increase or decrease (e.g. rent/mortgage).

About The Author


Warning: count(): Parameter must be an array or an object that implements Countable in /home/customer/www/af-enviro.com/public_html/wp-content/plugins/slickquiz/php/slickquiz-front.php on line 59