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variable cost
(redirected from Total variable costs)

   Also found in: Financial, Wikipedia 0.01 sec.
variable cost
n.
A cost that fluctuates directly with output changes.

variable cost
n
(Economics) a cost that varies directly with output
Translations
variable cost
nvariable Kosten pl


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After all, it can be accomplished with just three data elements: Actual or Projected Sales, Total Fixed Costs, and Total Variable Costs.
You have been asked to provide calculations of total variable costs for a contract for one of its products, based on the following alternative situations: 1 A contract for one order of 600 units.
The group's total variable costs are $1 million per year, while the division's variable costs are $500,000 per year.
 
 
 
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