Variable Cost Refers to the

Variable cost refers to the

A) the sum of the expenses of the firm that are stable and do not change with the quantity of a product that is produced and sold.
B) the sum of the expenses of the firm that vary directly with the quantity of a product that is produced and sold.
C) the expense incurred by a firm in producing and marketing a product is referred to as overhead.
D) the average amount of money received for selling one unit of a product or simply the price of that unit.
E) the sum of the expenses of the firm deducted from the revenue generated by the sale of the product.