{"iri":"https://folio.openlegalstandard.org/R8vomNaX2Wv8mWmUp4WBk3n","label":"Variable Costs","sub_class_of":["https://folio.openlegalstandard.org/RTHm2BxeaziDbm5655G1ki"],"parent_class_of":[],"is_defined_by":null,"see_also":[],"comment":null,"deprecated":false,"preferred_label":null,"alternative_labels":[],"translations":{},"hidden_label":null,"definition":"Variable costs are expenses that change in direct proportion to the level of goods or services that a business produces. Examples include raw materials, direct labor, subcontractor fees, and shipping costs, which increase or decrease as production volumes change. This metric is important for scalability analysis.","examples":[],"notes":[],"history_note":null,"editorial_note":null,"in_scheme":null,"identifier":null,"description":null,"source":null,"country":null}