A _____ cost occurs when the amount used varies based on the volume of service provided.

Name: A _____ cost occurs when the amount used varies based on the volume of service provided.
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Question

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Variable cost is a cost that changes directly with the volume of business activity. As the volume of service provided increases, the variable cost also increases, and as the volume of service provided decreases, the variable cost decreases.

A _____ Cost Occurs When the Amount Used Varies Based