Variable Cost - Definition - The Economic Times

variable cost  Fixed and variable costs impact the business in different ways but both are important in making the business profitable In the discussion of costs, it will be Variable costing is an accounting method used in managerial accounting and financial modeling to analyze the profitability of products and

Variable costs are incurred when production output or sales volume increases Fixed costs are also known as overhead costs, period costs, or Cost is something that can be classified in several ways depending on its nature One of the most popular methods is classification according

Variable costing Variable costing is a managerial accounting cost concept Under this method, manufacturing overhead is incurred in the period that a product Variable costs are costs that vary in direct proportion to production volume; they rise as production increases and fall as production decreases