What is Variable Cost?


0

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.

The following two tabs change content below.
MT UVA- University, Vocational and Affiliated Education for BMS

Like it? Share with your friends!

0
MT UVA BMS

MT UVA- University, Vocational and Affiliated Education for BMS

8 Comments

Facebook comments:

Ask Us On WhatsApp