Variable costs
A) are greater than fixed costs
B) are greater than total costs
C) are paid after fixed costs
D) change with the level of output

Question

Variable costs​
A) ​are greater than fixed costs
B) are greater than total costs​
C) are paid after fixed costs​
D) change with the level of output​

Quizplus · Accepted Answer

Variable costs are costs that change with the level of output. This means that as a company produces more or less of a particular product, the variable costs associated with that production will increase or decrease accordingly. Examples of variable costs include raw materials, direct labor costs, and sales commissions.

Variable Costs​

Variable Costs