Operation costs that result from running a machine, calculated on an hourly basis; includes cost of labor and items such as fuel, oil, wire rope, and replacement parts. Also known as operating costs.
Costs which are dependent upon the number of items.
Costs that change as a direct result of a change in production volume.
Also called 'Direct Costs' are those which vary according to the size of the enterprise or activity over a small range of size of enterprise or activity. In accounting they are generally allocated to an enterprise. cf. fixed costs.
costs that vary directly with the quantity produced or sold; see fixed costs.
On the other hand variable costs change with sales. Examples of variable costs are raw materials, shipping and depletion.... more on: Variable costs
Those costs of doing business such as cost of goods, shipping, handling and storage, sales commissions, etc., which are directly related to the sales of goods or services.
Costs which change according to size of activity eg. use of fuel, seed.
production costs that change when the level of production changes, so that when more is produced the costs increase; as opposed to fixed costs.
Costs that change as a firm's level of output changes. See also Fixed costs.
Expenses that increase or decrease as sales increase or decrease. The expenses that are necessary to make the products or provide the services that you sell are variable costs. The more you sell, the more variable costs you must pay.
Variable Costs are expenses that vary based on production volumes. They include material, labor, production utilities, etc.
Costs that arise when the first unit is produced and increase with production.
Costs that vary directly with the level of production.
Expenditures that change in proportion to increases or decreases in sales or production volumes. See also fixed costs.
Those costs which vary directly with the level of production.
A cost that varies directly with volume and is zero when production is zero.
Costs that change or vary with usage, output or production. Example: Fuel costs.
(1) The portion of total cash production costs used for inputs needed to produce a specific yield of a specific crop. Variable costs typically include fertilizers, seed, pesticides, hired labor, fuel, repairs, and animal feed and drugs. (2) Costs that vary in the aggregate with a change in output of a farm. In the short run, there are both fixed and variable costs; in the long run, all costs are variable. See Also: farm. feed. output.
Costs that increase and decrease as you out different levels of activities (e.g. bricks for a building project, or fuel for field visits). The opposite of Fixed Costs.
costs that vary with volume of output.
The costs additional to fixed costs of running a business.
the costs resulting from variable inputs
the costs that change with the level of production
Costs which vary with the level of output.
Costs that vary in line with trading activity e.g. postage, stationery.
Total costs that change in direct proportion to changes in productive output or any other measure of volume.
Costs which vary with output e.g. raw materials.
Expenses that vary with level of production.
Operating expenses that fluctuate with occupancy, such as utilities and maintenance costs.
Costs directly driven by the volume of product flow.
Several important elements of cost such as total material varies directly with output. Likewise the cost of power and other utilities may vary directly with output. All such costs, which vary proportionately with output, are referred to as variable costs.
All costs included in the cost of service which fluctuate with the volume of gas passing through the system.
Variable Cost are the costs that fluctuate in direct proportion to the volume of units produced. The best and most obvious example are physical costs of goods sold, direct costs, such as materials, products purchased for resale, production costs and overh
Costs of a production process that increase or decrease along with changes in level of production, as opposed to fixed costs.
The expenses of raising a child that are dependent on whether or not the child is currently in the residence, such as food and entertainment. These costs are paid by whichever parent is currently with the child, as opposed to fixed costs.
Those costs whose total responds proportionately to changes in volume of activity.
Costs, such as fuel costs, that depend upon the amount of electric energy supplied.
Costs that vary in total as the volume of production or sales changes(Schall and Haley, 1986).
The costs for a product that are associated with the number of units that are produced.
Input costs that change as the nature of the production activity of its circumstances change; for example, as production levels vary.
Those costs that change directly with the volume of output.