explain why the cost of wool would be a variable cost for a carpet manufacturer
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explain why the cost of wool would be a variable cost for a carpet manufacturer
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Mathematics
1 year
2021-08-01T08:47:49+00:00
2021-08-01T08:47:49+00:00 1 Answers
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Explanation:
wool is the raw material being used for manufacturing.
prices of raw materials keep on changing
so purchase of wool is a variable cost whereas talking about the fixed cost, it remains constant!!