Question

explain the concept of variable cost.​

Answer 1

Answer:

explain the concept of variable cost.

A variable cost is an expense that rises or falls in direct proportion to production volume. Variable costs differ from fixed costs, which remain the same even as production and sales volume changes. Common variable costs include: Raw materials. Sales commissions.

Answer 2

The variable cost of production is a constant amount per unit produced. As the volume of production and output increases, variable costs will also increase.