what do you mean by variable costsvariable costs
What do you mean by variable costs?
Variable costs conversely, tend to vary directly along with the volume of output. Illustrations of variable cost are as given below: direct production labour cost, direct materials cost and direct expenses.
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what do you mean by fixed costsfixed costcost may be described as the amount of expenditure incurred upon or attributable to a specified thing fixed
what do you mean by variable costsvariable costs conversely tend to vary directly along with the volume of output illustrations of variable cost are
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