Variable costs of a product are those costs that change with the quantity of a product produced and sold.

Name: Variable costs of a product are those costs that change with the quantity of a product produced and sold.
Brand: Quizplus
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Quizplus · Accepted Answer

Variable costs are costs that increase or decrease with the level of production or sales of a product. Some examples of variable costs are raw materials, direct labor, and sales commissions.

Variable Costs of a Product Are Those Costs That Change