________ costs change with the quantity of a product sold or produced.
A) Annual
B) Variable
C) Fixed
D) Margin

Name: ________ costs change with the quantity of a product sold or produced. A) Annual B) Variable C) Fixed D) Margin
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Question

Quizplus · Accepted Answer

Variable costs are costs that change with the quantity of a product sold or produced. They include costs such as raw materials, direct labor, and sales commissions. As production and sales increase, variable costs increase as well.

________ Costs Change with the Quantity of a Product Sold