While variable costs can be managed and controlled by a business, they are also subject to external factors such as market conditions and competition. For example, if the price of raw materials used in production increases, the variable cost of producing each unit of a product will also increas...
Used for determining pricing strategies, variable costs impact the cost of goods sold and, in turn, the profit margin of each unit sold. Control and flexibility Unlike fixed costs — such as rent, utility bills, and other recurring payments that remain the same whether a business has a good...
英文数学应用题!A company produces a toy for which the variable cost is 12.30 per unit and the fixed costs are 98,000.The toy sells for $17.98.Let X be the number of units produced and sold.a) The total cost for a business is the sum of the variable cost and the fixed costs.Write...
Explanation of variable cost An example is explained ahead to clarify the concept of variable cost. For instance, a business firm pays raw material for production. As and when the activity increases, the usage of raw material also increases thereby increasing the expenditure. It is, however, ...
Variable Cost A cost that changes in proportion to a change in a company's activity or business. 可变成本随着公司活动或业务变动而变动的成本项目。 Instead, advertising becomes a variable cost of production that measurably results in making more profit. ...
固定成本是指成本总额在一定时期和一定业务量范围内，不受业务量增减影响而变动。2.固定成本是不管生不生产都会发生的成本,比如折旧。二、变动成本是指成本总额随着业务量的变动而成正比例变动的成本。为了更好的理解该词，以下是其英文释义：A variable cost is a corporate expense that changes in proportion to ...
What is the formula for variable cost? The formula for variable costs is: total quantity of output X variable cost per unit of output = variable cost. A business would need to find this data for a set time period. What is a variable cost example? A variable cost example is anything dir...
Variable costing is a concept used in managerial and cost accounting in which the fixed manufacturing overhead is excluded from the product-cost of production. The method contrasts with absorption costing, in which the fixed manufacturing overhead is allocated to products produced....