Variable costs are
举一反三
- Variable costs are costs that change with the level of production.
- A firm that shuts down temporarily has to pay A: its variable costs but not its fixed costs. B: its fixed costs but not its variable costs. C: both its variable costs and its fixed costs. D: neither its variable costs nor its fixed costs.
- Costs that change with the level of production are referred to as ________. A: fixed costs B: variable costs C: target costs D: total costs
- ( ) are the sum of the fixed and variable costs for any given level of production.
- All indirect labor costs are treated as variable manufacturing overhead with respect to the volume of output.