variable cost

EnglishEdit

NounEdit

variable cost (plural variable costs)

  1. (accounting) A cost that changes with the change in volume of activity of an organization.
    Variable costs of nuclear-generated electricity seem low.
    Variable costs may actually vary with the number of shifts, the number of set-ups, or many other specific activities.

Coordinate termsEdit

  • fixed cost
  • semi-variable cost

See alsoEdit

Last modified on 16 June 2013, at 17:37