Variable Cost Definition
Variable Cost Definition:
Variable cost is a cost that varies, in total, in direct proportion to changes in the level of activity. A variable cost is constant per unit.
Other Related Accounting Articles:
- Fixed Cost Definition
- Step Fixed Cost
- Variable Costing Definition
- Variable Overhead Efficiency Variance Definition
- Cost Volume Profit Analysis
- High-Low Method
- Direct Costing Definition
- Marginal Costing Definition
- Step Variable Cost Definition
- Activity Base Definition
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