Variable cost: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Layout.) |
imported>Doug Williamson (Expand definition.) |
||
Line 1: | Line 1: | ||
A cost which increases as the level of production (or other activity) increases, because it is incurred as a consequence of the production or other activity. | ''Management accounting.'' | ||
A variable cost is a cost which increases as the level of production (or other activity) increases, because it is incurred as a consequence of the production or other activity. | |||
Line 7: | Line 9: | ||
* [[Fixed cost]] | * [[Fixed cost]] | ||
* [[Flexible budgeting]] | * [[Flexible budgeting]] | ||
* [[Management accounting]] | |||
* [[Semi-fixed cost]] | * [[Semi-fixed cost]] | ||
* [[Semi-variable cost]] | * [[Semi-variable cost]] | ||
* [[Total cost]] | * [[Total cost]] | ||
[[Category:Accounting,_tax_and_regulation]] |
Revision as of 12:16, 6 February 2019
Management accounting.
A variable cost is a cost which increases as the level of production (or other activity) increases, because it is incurred as a consequence of the production or other activity.