Cost Accounting Question:

Define variable cost?

Tweet Share WhatsApp

Answer:

A variable cost is a constant amount per unit produced or used. Therefore, the total amount of the variable cost will change proportionately with volume or activity. Generally, a product's direct materials are a variable cost.

Download Cost Accounting PDF Read All 47 Cost Accounting Questions
Previous QuestionNext Question
Define contribution margin?Define net incremental cash flows in cost accounting?