Get the latest news and market analysis from our in-house experts. Unlike variable cost which is subject to change depending on volume of a product or service provided, fixed costs are those which do ...
What is a variable cost? Variable cost can be defined as the cost incurred by a corporate company that is proportionate to the production and sales of the company. Variable cost shows a sharp contrast ...
Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Eric's career includes extensive work in both public and corporate accounting with ...
Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...
Every business has operating expenses — that is, the costs of running the business. These expenses can generally be classified in two ways: Fixed expenses and variable expenses. Understanding the ...
Variable cost-plus pricing refers to the type of pricing method where the selling price is determined by adding the markup to the total cost of a product or service. The objective of variable ...