variable cost
expense whose size is dependent upon the amount of production | ||||
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Variable Costs definition was found in categories: Business & Finance(2) Social Science(1) Society & Culture(1) Science & Technology(1) Encyclopedia(1)
Variable Costs Definition from Business & Finance Dictionaries & Glossaries
| MONASH Marketing Dictionary |
Variable Costs
costs that vary directly with the volume or quantity produced; variable costs plus fixed costs equal total costs. See Fixed Costs; Total Costs.
costs that vary directly with the volume or quantity produced; variable costs plus fixed costs equal total costs. See Fixed Costs; Total Costs.
| Raynet Business & Marketing Glossary |
Variable Costs
cost that vary directly with output (see fixed costs).
cost that vary directly with output (see fixed costs).
Costs, Variable
a unit cost which depends on total volume.Cost/Benefit Analysis A technique designed to determine the feasibility of a project or plan, by quantifying its costs and benefits.
| Environmental Economics Glossary |
Variable Costs
Costs of a production process that increase or decrease along with changes in level of production, as opposed to fixed costs. Voluntary Export Restraint : Identical to an import quota except that the foreign market agrees voluntarily to limit exports from its county to a market.
Costs of a production process that increase or decrease along with changes in level of production, as opposed to fixed costs. Voluntary Export Restraint : Identical to an import quota except that the foreign market agrees voluntarily to limit exports from its county to a market.
Variable Costs Definition from Society & Culture Dictionaries & Glossaries
| Environmental Engineering (English ver.) |
variable costs
Input costs that change as the nature of the production activity of its circumstances change; for example, as production levels vary.
Input costs that change as the nature of the production activity of its circumstances change; for example, as production levels vary.
Variable Costs Definition from Science & Technology Dictionaries & Glossaries
| Fishery Glossary |
Variable costs
Costs that vary with the rate of output. OECD (1996)
Costs that vary with the rate of output. OECD (1996)
Variable Costs Definition from Encyclopedia Dictionaries & Glossaries
| Wikipedia English - The Free Encyclopedia |
Variable cost
Variable costs are expenses that change in proportion to the activity of a business. In other words, variable cost is the sum of marginal costs. Along with fixed costs, variable costs make up the two components of total cost. Direct Costs, however, are costs that can be associated with a particular cost object. Not all variable costs are direct costs, however; for example, variable manufacturing overhead costs are variable costs that are not a direct costs, but indirect costs.Variable costs are sometimes called unit-level costs as they vary with the number of units produced.
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