Question

what is meant by prime or variable cost ????​

Answer 1

Hey dude your answer is

A prime cost is the total direct costs, which may be fixed or variable, of manufacturing an item for sale. ... By lowering its prime costs, a company can increase its profit or undercut its competitors' prices. Companies need to calculate the prime cost of each product manufactured to ensure they are generating a profit.

Hope it's help

Mark as brainliest ❤️

Answer 2

primary variable cost are those cost which change as the level of output changes