Difference between Fixed Cost & Variable cost :
| Basis | Fixed Cost | Variable Cost |
| Meaning | The cost which ** same, regardless of the volume produced, is known as fixed cost | The cost which changes with the change in output is considered as a variable cost. |
| Behavior | It ** constant for a given ** of time. | It changes with the change in the output level. |
| Example | Example Depreciation, Rent, Salary, Insurance, Tax etc. | Material Consumed, Wages, Commission on Sales, Packing Expenses, etc. |
