Answer:Variable expense is also referred to as variable cost and it is being represented as VC. Its a type of cost that flows along with production level.
Explanation:
Variable expense is the cost that increase or decrease according to production level. It means when production increase, Variable Cost (VC) increases in the same proportion, and when there is decrease in production it is expected that variable cost (VC) decreases. An example is cost of raw materials for production.
