Variable expenses include raw materials, production costs, delivery costs, packaging, and labor tariffs. In contrast, variable expenses are not fixed (they vary over time). Factors like production volume, cost per unit, and economies of scale influence variable costs, impacting profitability. …
Andy Smith is a Certified Financial Planner (CFP®), licensed realtor and educator with over 35 years of diverse financial management experience. He is an expert on personal finance, corporate finance and real estate and what is a w8 has assisted …