Variable Cost: Definition, Examples & How to Calculate it

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variable cost Variable costs, also known as variable expenses, are the cost of raw materials, distribution and labor for each unit of productservice you sell

The price of a commodity such as natural gas or oil is variable because it changes almost daily The longer the time horizon, the more time a firm has to adjust fixed cost VARIABLE COST definition: a cost that changes according to how much of a product is being produced or used: Learn more

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variable cost Variable costs, also known as variable expenses, are the cost of raw materials, distribution and labor for each unit of productservice you sell

กระเป๋า lacoste The price of a commodity such as natural gas or oil is variable because it changes almost daily The longer the time horizon, the more time a firm has to adjust

VARIABLE COST definition: a cost that changes according to how much of a product is being produced or used: Learn more