9.0k views
5 votes
A _____ cost occurs when the amount used varies based on the volume of service provided.

User Divyanshm
by
8.7k points

1 Answer

5 votes
In Accounting there are four types of costs: direct, indirect, fixed, variable and operating costs.
Direct cost is the material, labor, expense, or distribution cost required to produce the product.
Fixed costs are
cost of building a factory, insurance and legal bills.
opposite to fixed costs, a variable cost occurs when the amount used varies based on the volume of service provided.
User Sfgroups
by
8.5k points