two examples of variable cost production of firm
Answers
Answered by
4
Answer:
Understanding a Variable Cost
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. ... Examples of variable costs are sales commissions, direct labor costs, cost of raw materials used in production, and utility costs.
Answered by
2
Answer:
Variable Costs
Examples of variable cost items include seed, fertilizer, lime, gasoline, diesel fuel, oil, lubricants and herbicides. These inputs can be changed during the production process to bring about changes in output. However, once a variable cost is incurred, it becomes fixed for that production period.
Similar questions