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Gasoline used to fuel an automobile would almost always be a variable cost because the quantity of gas used would vary with the usage of the auto.
In certain situations, you might find that gasoline was a fixed cost. For example, if you had a gas-powered generator that operated 24/7 to generate electricity to keep a remote radio tower powered, that would be a fixed cost because the amount of gas used would not fluctuate based on the usage of the tower to transmit communications.
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Why is gasoline considered a variable cost?
Because the price of gasoline changes quite often and is not a fixed cost.
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.
How do you calculate variable cost?
Variable cost = Total Cost/ fixed cost
Is Manufacturing cost is overhead or variable?
Manufacturing cost is variable cost.
Why is gasoline considered a variable cost?
Because the price of gasoline changes quite often and is not a fixed cost.
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 the cost of gasoline extensive?
no the cost of gasoline is not a chemical propety of gasoline. That is constantly changing.
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 janitorial cost a variable cost?
No, Janitorial Cost is not a variable cost, it is a Fixed Cost.
Is the depriciation cost is variable cost?
yes..depreciation cost is the variable cost..
How do you calculate variable cost?
Variable cost = Total Cost/ 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 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.
Production cost is which kind of cost variable or fixed cost?
variable
Is Manufacturing cost is overhead or variable?
Manufacturing cost is variable cost.
Is legal fee a fix cost or variable cost?
variable cost
