Variable costs

HideShow resource information
View mindmap
  • Variable costs.
    • These rise or fall according to how many items you make or buy.
    • Examples..
      • Bakery - Sugar, milk, butter, flour, telephone bills, yeast.
    • Costs that can change as output varies.
    • Clothes shop variable costs - stock, number of hours for extra sales assistants, carrier bags and till receipt rolls.
    • Fixed costs + Variable costs = Total costs


No comments have yet been made

Similar Business resources:

See all Business resources »See all unit 2 resources »