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There are a number of costs that vary or change, but if the variation is not due to volume changes, it is not considered to be a variable cost.
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Marginal versus variable costing?
Variable cost refers to the TOTAL variable cost of all units, whereas marginal cost is the variable cost of the last unit only. Variable cost is the sum of all the individual marginal costs. The derivative of the Variable Cost is the Marginal Cost. The integral of the Marginal cost is the Variable Cost.
Is the depriciation cost is variable cost?
yes..depreciation cost is the variable cost..
What is the formula to find the average variable cost?
Average Variable Cost = Total Variable Cost/ Quantity Average Cost = Average Fixed Cost + Average Variable Cost Average Cost = Total Cost/Quantity
Is the cost of fuel for vehicles a variable cost?
Variable cost: The cost change with the change in activity is called variable cost. So as much fuel used cost increased accordingly so it is variable cost.
Formula for total variable cost?
Total Variable Cost = Number of Units * Variable cost per unit
What would probably be a variable cost in a soda bottling plant?
examples of variable cost in a soda bottling plant.
How segregate the semi variable cost?
In semi variable cost :variable cost = change in cost/change in output then with that rate * output = variable cost semi variable cost - variable cost = fixed cost
Is janitorial cost a variable cost?
No, Janitorial Cost is not a variable cost, it is a Fixed Cost.
What is the formula to find the average variable cost?
Average Variable Cost = Total Variable Cost/ Quantity Average Cost = Average Fixed Cost + Average Variable Cost Average Cost = Total Cost/Quantity
Is salesmen commisison a variable cost?
Variable cost would indicate that the overal commission wouldn't changed based on the volume of sales, so it should be a fixed cost instead.
Production cost is which kind of cost variable or fixed cost?
variable
Is legal fee a fix cost or variable cost?
variable cost
Formula for total variable cost?
Total Variable Cost = Number of Units * Variable cost per unit
What are examples of fixed and variable cost in business?
Variable Cost is like the things that you need in order to produce an item in whole. For example I want to produce a MacBook Pro. The variable costs would be what would be needed in order to make this MacBook. We are talking Capital, material such as the aluminium for the frame, LED Screen etc. All these things that are needed to produce an item would be the variable cost.
What does cost variable mean?
Variable cost is the cost which varies as variation in production units For example if 10 units produce variable cost = 100 if 100 units produce variable cost =1000 so per unit variable cost = 10
In managerial accounting How do you calculate variable cost?
A variable cost is a cost that is not constant. Variable costs can include the materials used in order to manufactor an item. If the costs vary from month to month when supplies are ordered, this would be a variable cost. They can be calculated by calculating the number of materials needed and then dividing by the units produced, to determine what your cost was in order to manufactor the item.
Utilities is variable cost or fixed cost?
it is obviously variable
