Question

what is variable cost also known as?​

Answer 1

Answer:

Your ans will be:

Prime costs or direct costs.

Explanation:

Variable costs are also referred to as prime costs or direct costs as it directly affects the output levels Nature.

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Answer 2

Answer:

Variable costs are also referred to as prime costs or direct costs as it directly affects the output levels. Nature. Fixed costs are time-related i.e. they remain constant for a period of time. Variable costs are volume-related and change with the changes in output level. Examples.

Explanation:

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