What is Variable Cost?

Variable Cost: Formula, Definition, and Examples variable cost If sales or production fall, then those costs can also fall The easiest way to determine if a cost is variable, therefore, is to work out if cost of goods sold Variable costs are the costs incurred by a company that depends on revenue generated or production quantity If a company has high variable costs,

variable cost Variable costs are costs that change depending on the level of production a business has These changes could be due to the need for more raw material, less