variable expression
modeling
unitanalysis
The process of writing units of each variable in a real-life problem is called dimensional analysis or unit analysis. It is useful for understanding the real-life problem and for checking to see we get a valid answer. Please see the links for additional explanations.
They can be in any units, depending on the specific situation.
Variable cost is the cost which varies as variation in production units For example if 10 units produce variable cost = 100 if 100 units produce variable cost =1000 so per unit variable cost = 10
Which of the following are good questions to ask when trying to understand a problem? Check all that apply.A. What are the units of the variable? B. Does my guess satisfy the equation? C. How should I present the solution? D. What is the variable? E. Is the variable always positive, negative, or either? F. What is a logical name for the variable? for apex-a, d, e and f
A variable cost is the cost that changes with the number of units produced.
Total Variable Cost = Number of Units * Variable cost per unit
Variable Cost also called direct cost changes according to the level of units of output or production of units.
If delivery cost changes with the number of units of product sold then it is variable cost.
Variable cost per unit is not dependent on how much units sold but it is dependent on how many units have been produced. For Example: Total units produced: 1000 Total variable cost :10000 Variable cost per unit = 10000/1000 = 10