Variable Cost: Definition, Formula and Calculation
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variable cost An employee's salary would be considered a fixed cost, while sales commissions are variable While fixed costs do change over a long-term period, this change
VARIABLE COST definition: a cost that changes according to how much of a product is being produced or used: Learn more variable cost 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
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variable cost An employee's salary would be considered a fixed cost, while sales commissions are variable While fixed costs do change over a long-term period, this change
cost of goods sold VARIABLE COST definition: a cost that changes according to how much of a product is being produced or used: Learn more
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