When manufacturing products, a business should budget the time and necessary manpower to produce the products. This allows the company to estimate the total costs associated with the production of the ...
What is a variable cost? Variable cost is a business expense which is subject to change when sales volumes change. This could mean that variable costs either increase or decrease depending on a ...
Steven Nickolas is a writer and has 10+ years of experience working as a consultant to retail and institutional investors. David Kindness is a Certified Public Accountant (CPA) and an expert in the ...
Brian Beers is a digital editor, writer, Emmy-nominated producer, and content expert with 15+ years of experience writing about corporate finance & accounting, fundamental analysis, and investing.
What is a variable cost? Variable cost is a business expense which is subject to change when sales volumes change. This could mean that variable costs either increase or decrease depending on a ...