Variable Costs Definition and Example [2 minutes] | Finance Strategists

Показать описание

A variable cost is any corporate expense that changes along with changes in production volume. While variable costs are generally thought of as physical items, such as raw materials, variable costs include all expenses which increase incrementally with each additional unit produced. Sales commissions, one of many variable cost examples, are also considered variable because the size of a commission is tied to the volume of products sold by an employee.
_______________________
0:00 Intro
0:08 Variable Costs Definition
0:31 How to Find Variable Cost
1:54 Enumeration
_______________________

Learn more by visiting the page:

Check out the main Finance Strategists YouTube Page here:
_______________________
Message from the founder:
Here at Finance Strategists, we believe one of the best ways you can help someone is with their finances. We create helpful informational videos and content to help people take control of their finances.

Finance Strategists plans to launch "Finance Strategists for Kids" where we teach fundamental financial concepts to kids in a clear manner allowing them to generate margin in their lives to bless other people. We believe raising up a generation of leaders with financial freedom can change individual lives, neighborhoods, countries, and the world.
_________________________
🔔 Hit the bell next to Subscribe so you don't miss a video!
📧 Fill out this form to receive the "Finance Word of the Day" in your inbox!
_________________________
Follow us on Socials:
Instagram: @financetrategists
Twitter: @FinStrategists

Finance Strategists

Рекомендации по теме

Комментарии

thank you for answering my question about the gasoline well explained.

rosacenteno

Thank you for video)
Aand if you can i need your help
We are second-hand clothing online store and At total costs vve have: rent, salaries, equipments, advertisement, laptop, steam iron, landline phone, box for packaging, stock(clothes), washing products, and insurance.
So fixed costs are: salaries, rent, insurance .
laptop, steam iron, landline phone, washing products and all others are variable costs?

anapplejobs

Variable Costs Definition and Example [2 minutes] | Finance Strategists

Variable Costs Definition and Example [2 minutes] | Finance Strategists

Fixed/Variable/Total Costs and the Marginal Cost of Production Defined & Explained in One Minute

How to Calculate Variable Costs? [Quick and Easy]

Variable Costs Video Definition

Fixed Costs vs Variable Costs

Cost Accounting - Direct vs Indirect costs - Variable Vs Fixed costs - Video #2

Fixed, Variable & Total Costs | Business Costs

Variable Costs

Introduction to machine learning and Data Science With Examples

Short-Run Costs (Part 1)- Micro Topic 3.2

Difference Between Fixed Costs and Variable Costs - 60 Second Breakdown

What are Variable Costs?

Cost Accounting - Cost Object , Direct vs Indirect costs , Variable vs Fixed costs - Video #1

Define Variable, Fixed, & Mixed Costs

Cost Classifications - Managerial Accounting- Fixed Costs Variable Costs Direct & Indirect Costs

Variable Costs

Fixed Cost Vs Variable Cost | Difference Between them with Example, Graph & Comparison Chart

Variable Costs vs. Fixed Costs: What’s The Difference - 4.4 Profitable Restaurant Owner Academy

Mixed Costs (Fixed and Variable Costs)

What is Contribution | Variable Cost | Fixed Cost | Sales | Profit | In Management Accounting

Definition of Variable Costs

Variable Expenses

Cost Behavior: Fixed, Variable, Mixed, and Step Costs

Fixed Costs & Variable Costs | A-Level, IB & BTEC Business