What are variable costs?

Showing Answers 1 - 7 of 7 Answers

Bhaskar

  • Oct 24th, 2005
 

Variable costs are those that are directly proportionate with the quantity of production and or directly associated with the service.

  Was this answer useful?  Yes

chowdary.thakkella

  • Nov 27th, 2006
 

variable costs are dependeing upon production. u re increases production automatically variable cost is also increased.decrease in production means automatically variable cost decreased. 

  Was this answer useful?  Yes

Variable cost or Marginal cost is the cost that is directly proportionate to the number of units being produced (unit being a Tangible item produced or an Intangible service that is provided). It increases proportionately if the number of units that are being produced/provided are increased and decreases proportionately when the number of units that are being produced/provided are decreased.

  Was this answer useful?  Yes

Give your answer:

If you think the above answer is not correct, Please select a reason and add your answer below.

 

Related Answered Questions

 

Related Open Questions