Variable Cost

KS122ZR5W8FM2HSGFW29

Variable costs are costs that change as the quantity of the good or service that a business produces changes. Variable costs are the sum of marginal costs over all units produced. They can also be considered normal costs. Fixed costs and variable costs make up the two components of total cost. Direct costs are costs that can easily be associated with a particular cost object. However, not all variable costs are direct costs. For example, variable manufacturing overhead costs are variable costs that are indirect costs, not direct costs. Variable costs are sometimes called unit-level costs as they vary with the number of units produced.

Read more on Wikipedia

Have feedback on this skill? Let us know.

pattern

Job Postings Data

Top Companies Posting

Job Postings Analytics Loading Spinner

Top Job Titles

Job Postings Analytics Loading Spinner

Job Postings Trend

Job Postings Analytics Loading Spinner

Live Job Postings

Job Postings Analytics Loading Spinner