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Define Variable Cost? |
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Answer» A variable cost is a constant AMOUNT PER unit produced or USED. Therefore, the total amount of the variable cost will change proportionately with volume or activity. Generally, a product's DIRECT materials are a variable cost. A variable cost is a constant amount per unit produced or used. Therefore, the total amount of the variable cost will change proportionately with volume or activity. Generally, a product's direct materials are a variable cost. |
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