Variable costs are costs that vary, in total, in direct proportion to changes in the volume or level of activity

Name: Variable costs are costs that vary, in total, in direct proportion to changes in the volume or level of activity
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Variable costs are costs that vary based on the level of activity, such as raw materials, direct labor, and sales commissions. Fixed costs, on the other hand, remain constant regardless of the level of activity, such as rent, property taxes, and management salaries.

Variable Costs Are Costs That Vary, in Total, in Direct