Variable cost: Difference between revisions
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imported>Doug Williamson (Expand for fixed costs.) |
imported>Doug Williamson (Add links.) |
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* [[Contribution]] | * [[Contribution]] | ||
* [[Cost behaviour]] | * [[Cost behaviour]] | ||
* [[Direct costs]] | |||
* [[Expense]] | |||
* [[Fixed cost]] | * [[Fixed cost]] | ||
* [[Flexible budgeting]] | * [[Flexible budgeting]] | ||
* [[Indirect costs]] | |||
* [[Management accounting]] | * [[Management accounting]] | ||
* [[Semi-fixed cost]] | * [[Semi-fixed cost]] | ||
Revision as of 10:52, 16 November 2020
Cost and 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.
Contrasted with a fixed cost.
