The expenses that change depending on production volume are called the:
A)standard costs.
B)variable costs.
C)rebatable expenses.
D)promotional expenses.
E)fixed costs.

Question

Quizplus · Accepted Answer

Variable costs increase or decrease with production volume. Standard costs are predetermined costs, rebatable expenses refer to money that can be returned, promotional expenses are for advertising and fixed costs remain the same regardless of production volume.

The Expenses That Change Depending on Production Volume Are Called