Variable vs. Fixed Cost

Created OnJuly 14, 2021

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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.”