Tag Archives: fixed cost

What is a variable cost?

What is a variable cost? That seems like such a simple question, and I am sure many of you reading this right now are thinking really. Of course a variable cost is simply a cost that increases as production increases … Continue reading

Posted in Building the Cost System, Cost Drivers, Cost Theories, Costing, Monitoring & Reporting, Overhead Allocations | Tagged , , , , , , , , , , , , , | 2 Comments