Variable cost economics

variable cost  1 Production cost · Materials to produce the shoes: $10,000 · Direct labor to manufacture the shoes: $13,000 · Additional materials: $$2,000 Variable cost examples · Cost of raw materials Perhaps these are the largest variable cost of most businesses · Direct labor costs

Other articles where variable cost is discussed: accounting: Cost finding: …variable costing represents the average variable cost of making the product  More videos on YouTube · Rent and lease costs - Rent and lease costs are a common fixed cost for businesses · Equipment and machinery -

Variable costs are the costs incurred to create or deliver each unit of output So, by definition, they change according to the number of goods Variable costs are expenses that go up and down in line with business activity The busier you are, the higher they go They're the opposite of fixed costs