distinguish between variable cost and fixed cost relevant is
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Explanation:
variable cost vary based on the amount of output produce that variable cost may include labour commissions and raw materials
the fixed cost remain same regardless of production output fixed cost may include these and triangle payment insurance and interest payments
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Variable costs vary based on the amount of output produced. Variable costs may include labor, commissions, and raw materials. Fixed costs remain the same regardless of production output. Fixed costs may include lease and rental payments, insurance, and interest payments.
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