Variable cost

A variable cost is a type of cost that varies in proportion to the volume of goods or services produced. This means that as the volume of production increases, the variable cost also increases, and vice versa. Examples of variable costs include the cost of raw materials and labor. Fixed costs, on the other hand, are costs that remain constant regardless of the volume of production, such as rent and insurance.

What is Finanshels?

What is Finanshels?Setting up a good small-business bookkeeping system can be an involved process, especially if you’re not an experienced bookkeeper. Rather than spending enormous time and effort on getting your books up and running, consider turning to Finanshels for help. We’ll set up your bookkeeping system to ensure that your business is starting off right – and we’ll save you a huge amount of stress.Want someone to help you organize your bookkeeping system? Try Finanshels