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direct labor costs, cost of raw materials used in production, and utility costs. What is a fixed variable in business? A small business has two kinds of costs: fixed and variable. remain constant ...
Consequently, companies strive to reduce their fixed costs as well as their variable costs to boost profits. Variable costs include commissions, direct labor costs, raw material costs, le costs are ...
Fixed costs can be direct or indirect and may influence profitability ... Examples of variable costs include the cost of labor, utilities, raw materials, shipping costs, and commissions.
Variable costs are any expenses that change based on how much a company produces and sells, such as labor, utility expenses, commissions, and raw materials. Fixed costs are normally independent of ...