What are semi-variable costs?

Fixed and Variable Costs Managerial Accounting variable cost Variable cost is a cost that can change over time These costs vary based on the use of the products or services, and they can vary based on any fixed cost VARIABLE COST definition: a cost that changes according to how much of a product is being produced or used: Learn more

variable cost Variable costs are expenses that change in proportion to the production output or the level of business activity