Automatic Data Processing Inc. (ADP) is a global business outsourcing services provider headquartered in Roseland, N.J. ADP is one of the largest payroll outsourcing providers in the world, and was an early adopter of a cloud computing operating model. According to executives, the vendor cuts paychecks for one in six Americans.
The reverse of fixed costs are variable costs, which vary with changes in the activity level of a business. Examples of variable costs are direct materials, piece rate labor, and commissions.
In an organizational budget, variable expenses are the total cost that depended on the amount of goods produced. Example of variable expenses are: - Raw material expenses - Cost of plastic to make a handphone case - Cost of carrots if the company is selling carrot pies - etc