Fixed and Variable Costs

Variable costs mean expenses that are affected by the changes in production and sales If a company increases sales, it will increase production

Examples of variable costs include raw materials, direct labor, and utilities directly associated with production Variable costs increase or

cost of goods sold Variable costs are incurred when production output or sales volume increases Fixed costs are also known as overhead costs, period costs, or

lacoste กระเป๋า Variable costing is an accounting method used in managerial accounting and financial modeling to analyze the profitability of products and