Which of the following terms refers to the expenses that fluctuate with changes in the number of products produced?
A) variable costs
B) depreciation
C) asset purchase costs
D) costs of mechanism
E) inflationary costs

Question

Quizplus · Accepted Answer

Variable costs are expenses that change in proportion to the amount of products produced. For example, the cost of raw materials or production labor will increase as more products are produced. This is in contrast to fixed costs, which remain constant regardless of the number of products produced.

Which of the Following Terms Refers to the Expenses That