Variable costs are different in this sense that fixed cost remains fixed and it has no impact of change in production level while variable cost changes with the change in production level.
Fixed cost and variable cost is equal to total cost as per following formula: Total Cost = Fixed Cost + Variable Cost
its a fixed cost
Direct cost. Indirect cost. Fixed cost. Variable cost.
The relataionship of cost between the level of production is determine the fixed or variable cost if cost change with production level then it is variable cost otherwise fixed cost.
variable
fixed and variable
Type your answer here... fixed cost + variable cost = total cost
Variable cost = Total Cost/ fixed cost
it is obviously variable
No, Janitorial Cost is not a variable cost, it is a Fixed Cost.
Variable
If it varies with the level of production then it is variable cost otherwise it is fixed cost.