GeekInterview.com
  I am new, Sign me up!
 
GeekInterview.com  >  Interview Questions  >  Accounting  >  Cost Accounting
Go To First  |  Previous Question  |  Next Question 
 Cost Accounting  |  Question 8 of 45    Print  
What are variable costs?

  
Total Answers and Comments: 3 Last Update: June 11, 2008   
  
 Sponsored Links

 
 Best Rated Answer

No best answer available. Please pick the good answer available or submit your answer.
October 24, 2005 00:52:42   #1  
Bhaskar        

RE: What are variable costs?

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


 
Is this answer useful? Yes | No
November 27, 2006 04:55:36   #2  
chowdary.thakkella        

RE: What are variable costs?
variable costs are dependeing upon production. u re increases production automatically variable cost is also increased.decrease in production means automatically variable cost decreased.
 
Is this answer useful? Yes | No
June 11, 2008 08:54:55   #3  
sreekanthvsk Member Since: June 2008   Contribution: 2    

RE: What are variable costs?
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.
 
Is this answer useful? Yes | No


 
Go To Top


 Sponsored Links

 
About Us -  Privacy Policy -  Terms and Conditions -  Contact -  Ask Question -  Propose Category -  Site Updates 

Copyright © 2005 - 2009 GeekInterview.com. All Rights Reserved

Page copy protected against web site content infringement by Copyscape