An expense is variable when its total amount changes in proportion to the change in sales, production, or some other activity. In other words, a variable expense increases when an activity increases, and it decreases when the activity decreases. Examples of Variable Expenses Assume that a web...
What is a variable expense? Officially, a variable expense is a cost that changes month to month or occurs irregularly. Unofficially, variable expenses are probably the most likely culprit for busting your budget. Learning more about what a variable expense is and figuring out how to plan for...
Keep a budget buffer in a savings account to provide a safety net when variable expenses are higher than expected (or when unexpected expenses pop up). What is a variable expense? Variable expenses change, often monthly, making them less predictable and trickier to budget for. That makes it ...
What is a variable expense? An expense is variable when its total amount changes in proportion to the change in sales, production, or some other activity. Learn more about variable expenses What is a variable cost? A variable cost is a constant amount per unit produced or used. Therefore, ...
Expense contains both a fixed-cost component and a variable cost component. Expenses that occur at various times throughout the year. Answer:B) Costs that change over time Explanation: A variable expense is a corporate cost that adjustments the extent to how much an organization creates or sells...
What is a retail purchase? What is total variable cost? What is price skimming in business? What is a deferred contract cost? What is a disposition in investing? What is a variable expense? What is price skimming? What are relevant costs?
The basic principle of an expense is simple enough. They are resources flowing out of a business. However, because expenses are so central to profitability, accountants look at them through lots of different lenses.Four different ways to look at expenses...
What are Variable Expenses? What is a Capitalized Cost? In Finance, what is an Emergency Fund? What is a Loss Adjustment Expense? What is a Discretionary Account? What is a Discretionary Trust? Discussion Comments Share WiseGeek, in your inbox ...
Definition and Examples of a Flexible Expense Flexible expenses, also known as variable expenses, are costs you pay that can change from week to week or month to month. As a consumer, you most likely understand that an expense is a cost you pay for products and services that you buy ...
A variable cost is an expense that changes in proportion to how much a company produces or sells—they rise as production increases and fall as production decreases. What Is a Variable Cost? A variable cost is an expense that changes in proportion to how much a company produces or sells....