Variable Cost, Variable Expense, Variable Interest Rate, Variable Name




Variable Cost, Variable Expense, Variable Interest Rate, Variable Name :




Variable Cost : Cost which is very directly in relation to production and varies that means goes up or down with the level of production is called variable cost. It changes with the level of output because of different reasons which are associated to level of production.



Variable Expense : Day-to-Day expenses which keeps on fluctuating with the level of output.



Variable Interest Rate : an interest charged on borrowed funds which can be changed during the life of a loan but with in agreement between both the parties.



Variable Name : A label or a character that represents an element that can assume a changing value, such as a range of cells in a spreadsheet.




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