Explain the difference between fixed and variable costs, and give two examples of each

Explain the difference between fixed and variable costs, and give two examples of each

Explain the difference between fixed and variable costs, and give two examples of each
Explain the difference between fixed and variable costs, and give two examples of each

DQ1

Assessment Description

Explain the difference between fixed and variable costs, and give two examples of each. Can a company budget for variable costs? Explain using your understanding of the behavior and variable classification of costs. Participate in follow-up discussion by adding additional examples or reasoning to those of a classmate.

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