Variable vs. Fixed Cost
Variable Cost
- Variable costs are costs that change.
- For example, the cost of raw materials used in production may vary.
- Selecting a Variable cost in the “Part Manager” allows you to enter the cost into the “Receiving Inspection.”
Fixed Cost
- Fixed costs are costs that does not change.
- For example, lease or rental payments.
- These fixed costs can be entered through the “Cost Tracking” module.
- A fixed cost can also be selected within the “Part Manager.”
