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What variable cost formula

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What variable cost formula

Posted by Anuj Khichade 2 months, 2 weeks ago

CBSE > Class 12 > Entrepreneurship

1 answers

Manav Sharma 1 month, 3 weeks ago

The variable cost formula is: \[ \text{Variable Cost} = \text{Total Units Produced} \times \text{Variable Cost per Unit} \] Where: - Total Units Produced: The total quantity of units produced or sold. - Variable Cost per Unit: The cost incurred per unit produced, which varies with the level of production. This formula helps in calculating the total cost that varies with the level of production, such as raw materials, labor, and utilities directly associated with the production of each unit.

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Posted by Manav Sharma 1 month, 3 weeks ago

CBSE > Class 12 > Entrepreneurship