costs amount of money you have to pay out to a business 3.0 / 5 based on 1 rating ? Business StudiescostsGCSEEdexcel Created by: 14199Created on: 05-12-17 12:05 what are costs? the expenses paid out to run the buisness 1 of 7 what one varys? fixed costs or variable costs? variable costs 2 of 7 what is fixed costs costs that stay the same, they dont change depending on the amount of money that company is making. 3 of 7 what is variable costs? costs that can change depending on how buissness is doing. 4 of 7 what examples of fc rent, fixed salaries for employees and advertising. 5 of 7 what is the formula for total variable costs total vc = quantity sold x variable cost per unit. 6 of 7 what examples of vc? raw materials and running macheniary 7 of 7
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