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variable costs

   Also found in: Dictionary/thesaurus, Medical, Legal, Financial, Wikipedia, Hutchinson 0.01 sec.
variable costs [′ver·ē·ə·bəl ′kȯsts]
(industrial engineering)
Costs which vary directly with the number of units produced; direct labor and material are examples.


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47 1/2 with returns over variable costs averaging $231.
amp;nbsp;   “Rail rates in Montana and North Dakota are between 250% to 400% of variable costs to the railroad (taking out initial capital investment such as track and cars)—far above the Surface Transportation Board’s (STB) ‘rate of unreasonableness,’ which is 180%,” notes Schuler.
Variable costs are those driven by the number of patients seen; this is what we call "traffic.
 
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