define total variable cost
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Total variable cost is the aggregate amount of all variable costs associated with the cost of goods sold in a reporting period. ... The components of total variable cost are only those costs that vary in relation to production or sales volume.
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I hope it helps !
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Explanation:
Total Variable Cost is the aggregate amount of all variable costs associated with the cost of good sold in a reporting period . ... The components of total variable cost are only those cost that very in relation to production or sales volume I hope it helpful
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