explain the variable cost and total cost with example ps: pwede po tagalog
1. explain the variable cost and total cost with example ps: pwede po tagalog
Calculate total variable cost by multiplying the cost to make one unit of your product by the number of products you've developed.
Examples:
If it costs $60 to make one unit of your product and you've made 20 units, your total variable cost is $60 x 20, or $1,200.
Examples of variable costs:
raw materials, piece-rate labor, production supplies, commissions, delivery costs, packaging supplies, and credit card fees.
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