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No they are not the same things. Differential costs are ones that differ between different alternatives. Differential costs are used interchangeably with the terms avoidable, incremental, and relevant costs. However, variable costs are simply ones that vary with different activity levels. They do not necessarily differ between alternatives.
What else can I help you with?
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.
Is legal fee a fix cost or variable cost?
variable cost
Why linear variable differential transformer is called variable?
The clue is in the name - variable.
What is the difference between an ordinary differential equation and a partial differential equation?
ordinary differential equation is obtained only one independent variable and partial differential equation is obtained more than one variable.
Use of linear variable differential transducer?
how linear voltage differential transducer works?
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
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.
How do you calculate variable cost?
Variable cost = Total Cost/ fixed 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.
Production cost is which kind of cost variable or fixed cost?
variable
Is Manufacturing cost is overhead or variable?
Manufacturing cost is variable cost.
