Variable Cost :
It is the amount by which total cost changes, if the output quantity is changed by one
unit. Variable cost = Prime cost + Variable overheads.
What is Variable Cost?
FYBMS, SYBMS, TYBMS and beyond BMS
Variable Cost :
It is the amount by which total cost changes, if the output quantity is changed by one
unit. Variable cost = Prime cost + Variable overheads.
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