Question:
What are variable costs?
Answer:
Variable costs are those that are directly proportionate with the quantity of production and or directly associated with the service. Source: CoolInterview.com
Variable costs are the costs that change depending on how many products you sell or how many services you provide. Source: CoolInterview.com
Answered by: ruhul | Date: 10/26/2008
| Contact ruhul
Variable costs are the cost which increases as production increases and decreases as production decreases but the cost per unit remains the same at all levels of production. Source: CoolInterview.com
Answered by: Mr. Sanjeev Misra | Date: 3/4/2009
| Contact Mr. Sanjeev Misra
variable cost explains about the expenses which were not in fixed nature Source: CoolInterview.com
Answered by: ravindra | Date: 3/23/2009
| Contact ravindra
variable cost means the cost which is incurred depends upon production of goods and services. best example for variable cost is raw material. Source: CoolInterview.com
Answered by: chandu | Date: 9/18/2009
| Contact chandu
Variable cost is that cost which changes in proportion with the change in level of output (production). Point to remember is variable cost in agreegate changes with the change in the level of output but per unit always remains the same. Source: CoolInterview.com
Answered by: Sagar Zodgekar | Date: 2/1/2010
| Contact Sagar Zodgekar
If you have the better answer, then send it to us. We will display your answer after the approval.
Rules to Post Answers in CoolInterview.com:-
- There should not be any Spelling Mistakes.
- There should not be any Gramatical Errors.
- Answers must not contain any bad words.
- Answers should not be the repeat of same answer, already approved.
- Answer should be complete in itself.
|